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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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Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Planning Commission, India
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
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