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, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES


The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now reviewed, as quoted by Insider Stories.

The acquisition, said Bukit Asam CEO Sukrisno, is expected to complete in the second or third quarter of this year. These two coal mines are expected to start production by 2012 with capacity of 1 million tons-2.5 million tons.

Besides the acquisition, Bukit Asam and its consortia has passed the qualification for tender of four power plants.

Bukit Asam has tied up Chinese Hua Tian for the power plant project with capacity of 2x600 MW in South Sulawesi, 2x300 MW in South Sumatra in partnership with subsidiary of PT United Tractors Tbk.

Bukit Asam will bankroll the project with internally generated cash flow which reached Rp 5 trillion (approximately US$ 583.771 million).

The company expects to reach net profit of above Rp 3 trillion (approximately US$ 350.262 million) in 2011 from Rp 2 trillion (approxiamtely US$ 233.508 million) last year because of higher sales volume and prices.

Sales volume is expected to increase 31% to 16.9 million tons of coal in 2011 from 12 million tons last year. The revenue is estimated to rise 46.34% to Rp12 trillion (approximately US$ 1.401 billion) from Rp 8.2 trillion (approxiamtely US$ 957.384 million).

"We estimate our 2011's average selling prices of US$ 80 per ton from $ 61.5 ton," He said.

The company provides capital expenditure of Rp1.8 trillion (approximately US$ 210.157) to support this target will finance from generated internally cash.



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

Recent News

Wednesday, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit   31 October – 3 November 2011   JW Marriott Hotel, Hong Kong According to a recent EI ...


Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...


Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...


Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...


Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest  conglomerates, to enter into mining industry ac ...


   1013 1014 1015 1016 1017   
Showing 5071 to 5075 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 ...

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