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Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is targeting to produce 300,000 tons of coal by the end of 2011 said, Teguh Sunyoto, Investor Relations Manager of AKR.
"We expect the coal business could contribute earnings this year. However, the contribution from coal mining will be lower than our other business. The higher contribution will come from our main business such as the distribution of fuel and chemicals, " he further added.
He assessed the contribution of coal will depend on the improvement of the selling price. He believes the oil prices would play major role in determining world's coal prices.
Kim Eng Securities analyst Adi N Wicaksono is projecting, the coal will become the drive of growth of AKR in coming few years. He predicts. Coal production of AKR will reach around 3.4 million tons by 2015 tons.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...
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- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
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