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Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. The target is in line with production target of 20.3 million tons, a 17.34 percent increase from 17.38 million tons, as reported by Insider Stories.
President Director Rosan P. Roeslani said the EBITDA will be underpinned by higher coal's average selling price (ASP) as well.
The ASP this year is estimated to increase 21.31 percent to US$ 74 per ton from US$ 61 per ton last year. "Sales may up 30 percent from last year, driving higher EBITDA of 60 -70 percent."
Insider Strories further reported that, Indonesia's fifth largest coal producer PT Berau Coal Energy Tbk (BRAU) is providing US$126 million to optimize coal output to 20.3 million tons.
President Director Rosan P. Roeslani said by 2014, the company requires US$ 350 million to expand business. Berau is relying on internally generated cash flow and retained earning. "For 2011, we will spend US$ 126 million. So far, we will use internally cash flow and retained earning," he said.
By end of 2014, Berau is scouting to boost coal output to 30 million tons or to lift 3 million tons per annum. In 2010, Berau produced 17.38 million tons, while coal sales was 17.38 million tons from 17.07 million tons.
Berau was agreed by its shareholders to distribute Rp123.9 billion (approx. US$ 14,403,305.47) dividend or Rp 3.55 per share. The dividend payout ratio is 20 percent of Berau's net profit.
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Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
Friday, 19 August 11
INDIA IMPORTS LESS INDONESIAN COAL THAN CHINA IN JULY
COALspot.com - Indonesia shipped 31.30 Million tons of coal in July 2011, up by 10.69 percent compared to June's export of about 28.27 ...
Thursday, 18 August 11
INDONESIAS PROPOSED LOW GRADE COAL EXPORT BAN WILL NOT HAVE A SIGNIFICANT IMPACT ON INDIA - MISWIN MAHESH
COALspot.com - The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by Jan ...
Thursday, 18 August 11
MARUBENI ACQUIRED 42.86% OF YTL JAWA POWER
COALspot.com - Marubeni Corporation (Marubeni) has completed the acquisition of 42.86 percent of the shares of YTL Jawa Power Holdings BV from YTL P ...
Wednesday, 17 August 11
CME LAUNCHES ARGUS COKING COAL SWAP FUTURES
COALspot.com - Argus media reported that, leading exchange CME Group will list an Australian coking coal swap futures contract for trading on the Ny ...
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- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- The University of Queensland
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
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