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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at European investors.
According to Hendri Rudiawan, Investor Relation Manager of PT. Bukit Asam, PTBA will conduct Road show in London, Zurich, Frankfurt and Paris from 4th March to 10th March 2012.
Bukit Asam's total coal resources has reached 7.29 billion tons and around 1.99 billion tons are minable reserve. Bukit Asam is currently holding mining rights for 4 mines which are covering 90,702 hectors in Sumatra as well as in Kalimantan, the company data says.
Bukit Asam is expecteing to sell 18.6 million tons of coal in 2012, which is 35 percent higher compared to its sales volume of 13.5 million tons in 2011.
Company also has shipped 35% of its coal production in 2011 to Asian and European countries including Taiwan, Vietnam, Japan, Malaysia and China. 65% of PTBA coal has been consumed by domestic utilities. PTBA is the largest coal supplier of domestic market.
Bukit Asam also upgrading and expanding its Tarahan coal terminal and railway lines to push more coal in coming years.
According to Hendri, by 2014, PTBA's existing railway will be upgraded to move up to 22.7 million tons of coal and By 2016, an another new railway line will be in operation between Muara enim to Tanjung Api- Api, which can add an additional 35 million tons per annum by 2021.
The new railway line between Muara Enim to Tanjung Api-Api port will be built by Adani of India.
Tarahan coal terminal will also be upgraded to load 25 million tons of coal by 2014. Bukit Asam is focusing to become a number one coal producer in Indonesia by 2020 and company is preparing all required infrastructure to support its No.1 target by 2020.
Bukit Asam, “focusing on maximizing value for both corporate and investor" says, Investor Relation Manager, Hendri Rudiawan
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Wednesday, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...
Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...
Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...
Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...
Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- PTC India Limited - India
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- Central Java Power - Indonesia
- Indonesian Coal Mining Association
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- Cement Manufacturers Association - India
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- ICICI Bank Limited - India
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- Minerals Council of Australia
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- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
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- Metalloyd Limited - United Kingdom
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- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
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- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
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- Coal and Oil Company - UAE
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- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
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- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
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- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
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- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
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- The University of Queensland
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- International Coal Ventures Pvt Ltd - India
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- Iligan Light & Power Inc, Philippines
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- Planning Commission, India
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- Billiton Holdings Pty Ltd - Australia
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- The Treasury - Australian Government
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