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Friday, 10 June 11
BUKIT ASAM RECORDED RP1.3 TRILLION PROFIT IN MAY - TEMPO INTERACTIVE
Tempo Interactive reported that, PT PT Tambang Batubara Bukit Asam Tbk (PTBA) made a net profit of Rp 1.3 trillion (approx. US$ 152,779,410) at the end of May. As such, the company believes that the net income target of Rp 3 trillion (approx. US$ 352,567,869) through 2011 can be achieved.
Sukrisno, the Bukit Asam CEO, said that this year the company has set the coal production and purchase target at 17.57 million tons, a 23 percent growth compared to last year’s 13.02 million tons.
“The profit came from the Bukit Asam production and from its subsidiary businesses,” he said yesterday, after the shareholders’ meeting.
This year’s production target will be larger than the sales due to the company’s forecast of an increase in exports.
Achmad Sudarto, the Corporate Secretary, added that 1.2 million exports reached 30 percent with Japan as the biggest destination. This year the company will work to increase the sales to Japan by 1.8 million tons.
In order to reach this target, the company will optimize the production of PT International Prima Coal, its subsidiary company, to 0.9 million tons. In addition, the company will boost its trading volume to 1.2 million tons.
To operate more efficiently, Bukit Asam has constructed two units of thermal power plants (PLTU) in Tanjung Enim with a capacity of 3 x 10 megawatts and 2 x 8 megawatts at Tarahan port.
“This year, the Tanjung Enim PLTU will be ready for operation,” he said.
The shareholders meeting has decided to distribute a dividend of Rp 523.12 (approx. US$ 0.0614784 ) per share (1 USD = 8,509.00 IDR).
Source: Tempo Interactive ( Akbar Tri Kurnuawan)
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Monday, 23 May 11
BRMS IS TO START PRODUCTION FROM DAIRI PRIMA MINERALS
COALspot.com - The Presidential Decree No. 28 Year 2011 that allows conditional underground mining in the protected forest areas was issued on 19th ...
Sunday, 22 May 11
INDONESIA - INDIA IS LIKELY TO BE STEADY NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market remained soft beginning of the week, however second half of the week was firm with BDI up by 3.29 pct and closed a ...
Saturday, 21 May 11
OWNERS PREFER TO DO INDO COAL OR NICKEL ORE TO CHINA RATHER THAN GOING TO INDIA - FEARNBULK
Handy
The Atlantic is marked by volatility and very positional, nevertheless USG,NCSA, Cont remain strong thanks to the petcoke, grains and scrap ...
Friday, 20 May 11
GOVT TOLD TO LIMIT COAL, GAS EXPORTS - THE JAKARTA POST
The Jakarta Post, a leading news paper in Indonesia, reported that, Amid soaring global oil prices, the government should limit exports of coal and ...
Thursday, 19 May 11
INDONESIAN COAL EXPORTS DROP 7.98 PERCENT IN APRIL
COALspot.com - Indonesian coal exports dropped to 2.168 million tons in April, and up 7.13 percent on the year and 7.98 percent below March, a ...
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- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- The University of Queensland
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
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