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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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Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- The University of Queensland
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
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