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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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Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targete ...
Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
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- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
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