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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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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
Wednesday, 27 July 11
BLACKSTONE TO INVEST INR 5,000 MILLION (APPRX. US$ 111 MILLION) IN VISA POWER
Press Release - The Blackstone Group (NYSE: BX) today announced that it will be investing INR 5,000 million (c. USD 111 million) in VISA Power ...
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- Ministry of Mines - Canada
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
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