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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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Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...
Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
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- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- The University of Queensland
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
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