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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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- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Vedanta Resources Plc - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Madhucon Powers Ltd - India
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