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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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Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...
Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...
Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...
Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...
Wednesday, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- The University of Queensland
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
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