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Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, President Director of PT Tambang Coal Bukit Asam Tbk. In addition to higher prices, coal productions of PTBA will also be increased significantly in second half.
“We are targeting to produce 15 million tons of coal by the end of 2011. We have already sold 6.57 million tons of coal in first half of this year, which is 2 percent higher than the same period in 2010. The current coal market is good ," added Sukrisno.
According to the announcement of the Bukit Asam, the average selling price of Bukit Asam coal for the domestic market in the first half of 2011 was around to Rp 763,405/ton (US$ 89.9711 ), up 27 percent compared to the same period in 2011.
PTBA’s selling price for the first half of 2010 was only Rp 601,106/ton (US$ 70.8434).
However the first quarter of 2011, the average selling price was at Rp 751,457/ton (US$ 88.5630 ), up 35 percent compared to 1Q of 2010. The average selling price for the export market was also increased 61 percent to U.S. $ 98.45 / ton, he explained.
The production cost of PTBA has not changed significantly as the Oil prices are currently at stable or flat condition. In additions that, Bukit Asam is not entirely using oil for coal production and about 55 percent of the production or mining activities were done based on electricity power.
Bukit Asam, the state owned coal miner is seeing a good and promising future for its coal and company.
To contact the reporter to responsible on this story: Efendi at efendi@coalspot.com
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Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
Sunday, 09 October 11
FREIGHT MARKET ENDED WITH A POSITIVE DIRECTION - VISTAAR
COALspot.com - The market ended with a positive note with all the segments up except for handy size. The biggest gainer was Panamax index up by 11 p ...
Saturday, 08 October 11
INDONESIAN MINER PLANS $167M IPO TO FUEL SUMATRA COAL BOOM - JG
The Jakarta Globe reported that, coal miner Atlas Resources aims to raise as much as Rp 1.5 trillion ($167 million) in an initial public offering to ...
Friday, 07 October 11
MINING REGULATIONS , OBSTACLES AND GROWTH : INDIA VS INDONESIA - SUNIL K KUMBHAT
COALspot.com - The Govt of India has passed long pending Mines & Minerals (Regulation and Development) Bill, 2011, which seeks to replace ...
Friday, 07 October 11
$100M FOR EXPANSION INTO KALIMANTAN MINING: AKR
The Jakarta Globe, one of the leading English news paper in Indonesia reported that, AKR Corporindo, a fuel and chemical distributor, has set aside ...
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- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Central Java Power - Indonesia
- White Energy Company Limited
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
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