COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES


Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insider Stories.

Insider Stories further said, the achievement was amid to significant growth on operating income by 1,272.26% due to the surging coking coal price and bigger production volume in 2010.

Borneo Energi successfully booked IDR348.85 billion net profit from IDR99.78 billion net loss in 2009.

In line with the advancing net profit, Borneo operating income skyrocket 2,012.04% to IDR1.01 trillion from IDR49.32 billion. Their operating margin rose 36.73% from 24.59%. Gross profit surged 1,526.25% to IDR1.50 trillion from IDR92.34 billion. Operating income increased 1,272.26% to IDR2.75 trillion from IDR200.52 billion. The revenue is in line with the target set some time ago.

This realization is beyond CIMB Securities estimation in which Borneo was predicted to book IDR2.56 trillion revenue in 2010. However, it is smaller that IDR2.96 trillion as predicted by Morgan Stanley Securities.

For 2010, Borneo is estimated to record 1.65 million tons sales volume with average selling price at US$185 per ton.

Based on latest research by Mandiri Sekuritas, Borneo Energi is projecting coking coal average selling price at US$240-US$275 per ton in Q I/2011.

Borneo seals 3 years exclusive marketing agreements with Glencore for 2 million tons per year with 4.5% fee. In 2011, Borneo plans to enlarge production to 3.8 million tons where 2 million tons has contracted with a buyer from China.

About 99% of Borneo Lumbung Energy shares owned by PT Republik Energi Metal where 99% of its shares is under controlled of PT Republik Komoditi management. 
Source:  Insider Strories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...


Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...


Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...


Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...


Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...


   1068 1069 1070 1071 1072   
Showing 5346 to 5350 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • TGV SRAAC LIMITED, India
  • Tata Power - India
  • Shenhua Group - China
  • Kepco SPC Power Corporation, Philippines
  • CCIC - Indonesia
  • GVK Power & Infra Limited - India
  • Sindya Power Generating Company Private Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • GB Group - China
  • Antam Resourcindo - Indonesia
  • TeaM Sual Corporation - Philippines
  • Siam City Cement PLC, Thailand
  • Directorate General of MIneral and Coal - Indonesia
  • Energy Development Corp, Philippines
  • Geoservices-GeoAssay Lab
  • TNPL - India
  • Kapuas Tunggal Persada - Indonesia
  • Bangkok Bank PCL
  • Heidelberg Cement - Germany
  • Adaro Indonesia
  • Noble Europe Ltd - UK
  • Britmindo - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Mercuria Energy - Indonesia
  • Economic Council, Georgia
  • Reliance Power - India
  • Moodys - Singapore
  • Cosco
  • Mitsubishi Corporation
  • Vitol - Bahrain
  • Cigading International Bulk Terminal - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Xstrata Coal
  • Holcim Trading Pte Ltd - Singapore
  • Port Waratah Coal Services - Australia
  • globalCOAL - UK
  • Dalmia Cement Bharat India
  • The State Trading Corporation of India Ltd
  • Coal Orbis AG
  • CNBM International Corporation - China
  • ANZ Bank - Australia
  • Larsen & Toubro Limited - India
  • SASOL - South Africa
  • Bhushan Steel Limited - India
  • Planning Commission, India
  • Barasentosa Lestari - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Maheswari Brothers Coal Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Cemex - Philippines
  • Glencore India Pvt. Ltd
  • Marubeni Corporation - India
  • Medco Energi Mining Internasional
  • Bahari Cakrawala Sebuku - Indonesia
  • Australian Commodity Traders Exchange
  • JPower - Japan
  • ICICI Bank Limited - India
  • Sojitz Corporation - Japan
  • Gujarat Electricity Regulatory Commission - India
  • Uttam Galva Steels Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Gujarat Sidhee Cement - India
  • Kumho Petrochemical, South Korea
  • Bank of China, Malaysia
  • Argus Media - Singapore
  • Maybank - Singapore
  • Credit Suisse - India
  • Timah Investasi Mineral - Indoneisa
  • CIMB Investment Bank - Malaysia
  • APGENCO India
  • Attock Cement Pakistan Limited
  • Rashtriya Ispat Nigam Limited - India
  • Arutmin Indonesia
  • J M Baxi & Co - India
  • Gresik Semen - Indonesia
  • Savvy Resources Ltd - HongKong
  • Indian School of Mines
  • Wilmar Investment Holdings
  • Thailand Anthracite
  • Humpuss - Indonesia
  • Maruti Cements - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Sree Jayajothi Cements Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Samtan Co., Ltd - South Korea
  • Xindia Steels Limited - India
  • Bukit Makmur.PT - Indonesia
  • Kaltim Prima Coal - Indonesia
  • White Energy Company Limited
  • SRK Consulting
  • Bharathi Cement Corporation - India
  • World Coal - UK
  • Maersk Broker
  • Kideco Jaya Agung - Indonesia
  • Ambuja Cements Ltd - India
  • Parliament of New Zealand
  • Berau Coal - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • bp singapore
  • AsiaOL BioFuels Corp., Philippines
  • Gupta Coal India Ltd
  • Straits Asia Resources Limited - Singapore
  • Core Mineral Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Banpu Public Company Limited - Thailand
  • Jaiprakash Power Ventures ltd
  • Platts
  • Orica Mining Services - Indonesia
  • Inspectorate - India
  • Coal and Oil Company - UAE
  • RBS Sempra - UK
  • KPCL - India
  • Singapore Mercantile Exchange
  • Coal India Limited
  • Siam City Cement - Thailand
  • EIA - United States
  • Pendopo Energi Batubara - Indonesia
  • Karaikal Port Pvt Ltd - India
  • SMG Consultants - Indonesia
  • Tata Chemicals Ltd - India
  • Petrosea - Indonesia
  • Lafarge - France
  • Globalindo Alam Lestari - Indonesia
  • Iligan Light & Power Inc, Philippines
  • WorleyParsons
  • Australian Coal Association
  • Fearnleys - India
  • Independent Power Producers Association of India
  • KOWEPO - South Korea
  • KPMG - USA
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Adani Power Ltd - India
  • London Commodity Brokers - England
  • GHCL Limited - India
  • Meralco Power Generation, Philippines
  • Electricity Authority, New Zealand
  • Wood Mackenzie - Singapore
  • ING Bank NV - Singapore
  • Agrawal Coal Company - India
  • Malco - India
  • Idemitsu - Japan
  • Platou - Singapore
  • Rio Tinto Coal - Australia
  • Parry Sugars Refinery, India
  • UBS Singapore
  • Sarangani Energy Corporation, Philippines
  • Latin American Coal - Colombia
  • Indian Energy Exchange, India
  • Salva Resources Pvt Ltd - India
  • Inco-Indonesia
  • Oldendorff Carriers - Singapore
  • Sinarmas Energy and Mining - Indonesia
  • PLN - Indonesia
  • Cement Manufacturers Association - India
  • Russian Coal LLC
  • Thiess Contractors Indonesia
  • BRS Brokers - Singapore
  • Arch Coal - USA
  • HSBC - Hong Kong
  • MS Steel International - UAE
  • PNOC Exploration Corporation - Philippines
  • Indogreen Group - Indonesia
  • Permata Bank - Indonesia
  • New Zealand Coal & Carbon
  • Thomson Reuters GRC
  • Thai Mozambique Logistica
  • TNB Fuel Sdn Bhd - Malaysia
  • India Bulls Power Limited - India
  • KEPCO - South Korea
  • Chamber of Mines of South Africa
  • Meenaskhi Energy Private Limited - India
  • Sical Logistics Limited - India
  • Therma Luzon, Inc, Philippines
  • Surastha Cement
  • Pipit Mutiara Jaya. PT, Indonesia
  • OCBC - Singapore
  • Central Electricity Authority - India
  • Enel Italy
  • McConnell Dowell - Australia
  • European Bulk Services B.V. - Netherlands
  • The India Cements Ltd
  • CoalTek, United States
  • Bhatia International Limited - India
  • Ince & co LLP
  • Bangladesh Power Developement Board
  • Sakthi Sugars Limited - India
  • Runge Indonesia
  • Borneo Indobara - Indonesia
  • Posco Energy - South Korea
  • Jatenergy - Australia
  • Semirara Mining and Power Corporation, Philippines
  • Panama Canal Authority
  • South Luzon Thermal Energy Corporation
  • Mitra SK Pvt Ltd - India
  • Deutsche Bank - India
  • DBS Bank - Singapore
  • Simpson Spence & Young - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Peabody Energy - USA
  • PTC India Limited - India
  • PLN Batubara - Indonesia
  • Renaissance Capital - South Africa
  • Kobe Steel Ltd - Japan
  • Total Coal South Africa
  • JPMorgan - India
  • Anglo American - United Kingdom
  • Indorama - Singapore
  • Semirara Mining Corp, Philippines
  • Central Java Power - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Electricity Generating Authority of Thailand
  • Mitsui
  • GNFC Limited - India
  • Ministry of Transport, Egypt
  • Mechel - Russia
  • The University of Queensland
  • Indonesia Power. PT
  • McKinsey & Co - India
  • Barclays Capital - USA
  • Africa Commodities Group - South Africa
  • Standard Chartered Bank - UAE
  • Lanco Infratech Ltd - India
  • Deloitte Consulting - India
  • Indo Tambangraya Megah - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • IEA Clean Coal Centre - UK
  • Merrill Lynch Commodities Europe
  • VISA Power Limited - India
  • Mjunction Services Limited - India
  • Binh Thuan Hamico - Vietnam
  • ACC Limited - India
  • Cargill India Pvt Ltd
  • Global Coal Blending Company Limited - Australia
  • Indian Oil Corporation Limited
  • Pinang Coal Indonesia
  • ASAPP Information Group - India
  • IMC Shipping - Singapore
  • Merrill Lynch Bank
  • Asian Development Bank
  • Coalindo Energy - Indonesia
  • Thriveni
  • Ernst & Young Pvt. Ltd.
  • Grasim Industreis Ltd - India
  • Power Finance Corporation Ltd., India
  • Tamil Nadu electricity Board
  • Bayan Resources Tbk. - Indonesia
  • NTPC Limited - India
  • Bulk Trading Sa - Switzerland
  • EMO - The Netherlands
  • Baramulti Group, Indonesia
  • IOL Indonesia
  • Clarksons - UK
  • Billiton Holdings Pty Ltd - Australia
  • Samsung - South Korea
  • PetroVietnam Power Coal Import and Supply Company
  • Petron Corporation, Philippines
  • TRAFIGURA, South Korea
  • Shree Cement - India
  • Metalloyd Limited - United Kingdom
  • San Jose City I Power Corp, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Infraline Energy - India
  • Aboitiz Power Corporation - Philippines
  • GMR Energy Limited - India
  • The Treasury - Australian Government
  • Interocean Group of Companies - India
  • Carbofer General Trading SA - India
  • IBC Asia (S) Pte Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Cardiff University - UK
  • BNP Paribas - Singapore
  • Malabar Cements Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Rudhra Energy - India
  • CESC Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Ind-Barath Power Infra Limited - India
  • ETA - Dubai
  • Madhucon Powers Ltd - India
  • Commonwealth Bank - Australia
  • Coaltrans Conferences
  • NALCO India
  • SGS (Thailand) Limited
  • Intertek Mineral Services - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Orica Australia Pty. Ltd.
  • IHS Mccloskey Coal Group - USA
  • Georgia Ports Authority, United States
  • Makarim & Taira - Indonesia
  • Energy Link Ltd, New Zealand
  • SN Aboitiz Power Inc, Philippines
  • Mintek Dendrill Indonesia
  • TANGEDCO India
  • Indonesian Coal Mining Association
  • Qatrana Cement - Jordan
  • Videocon Industries ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Star Paper Mills Limited - India
  • Riau Bara Harum - Indonesia
  • Vizag Seaport Private Limited - India
  • Vale Mozambique
  • Gujarat Mineral Development Corp Ltd - India
  • Vedanta Resources Plc - India
  • Kartika Selabumi Mining - Indonesia
  • Romanian Commodities Exchange
  • UOB Asia (HK) Ltd
  • Asia Cement - Taiwan
  • GN Power Mariveles Coal Plant, Philippines
  • Ministry of Finance - Indonesia
  • PetroVietnam
  • Vijayanagar Sugar Pvt Ltd - India
  • Bank of America
  • Jorong Barutama Greston.PT - Indonesia
  • Thermax Limited - India
  • Mercator Lines Limited - India
  • PowerSource Philippines DevCo
  • Jindal Steel & Power Ltd - India
  • Edison Trading Spa - Italy
  • Japan Coal Energy Center
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Altura Mining Limited, Indonesia
  • Trasteel International SA, Italy
  • World Bank
  • Minerals Council of Australia
  • U S Energy Resources
  • Manunggal Multi Energi - Indonesia
  • SMC Global Power, Philippines
  • Indika Energy - Indonesia
  • Goldman Sachs - Singapore
  • Formosa Plastics Group - Taiwan
  • Coeclerici Indonesia
  • Eastern Coal Council - USA
  • Eastern Energy - Thailand
  • Essar Steel Hazira Ltd - India
  • Freeport Indonesia
  • MEC Coal - Indonesia
  • Cebu Energy, Philippines
  • Coastal Gujarat Power Limited - India
  • Bhoruka Overseas - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Global Business Power Corporation, Philippines
  • Aditya Birla Group - India
  • Asmin Koalindo Tuhup - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Kobexindo Tractors - Indoneisa
  • Price Waterhouse Coopers - Russia
  • Sucofindo - Indonesia
  • SUEK AG - Indonesia
  • Tanito Harum - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Ministry of Mines - Canada