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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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Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...
Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...
Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...
Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...
Wednesday, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
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- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Economic Council, Georgia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
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