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