COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES


Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share.

Net income benefited from strong production volume growth, robust average selling price (ASP), and continued cost control. 

Net revenue increased 47% to US$3.99 billion while gross  profit margins improved to 35.8% from 30.5% over the same period.

Adaro posted surged 80.4% to 1.28 billion from 711 million, sending a 6% higher margin to 32.2% from 26.2%.

“With our strong performance in 2011, we delivered on our targets, while also executing on our strategic objectives of making acquisitions of  coal deposits in South Sumatra and moving downstream into power generation  in Central Java," said Adaro Energy’s President Director, Garibaldi Thohir in a press statement today.

Operational performance
Coal production volume rose 13% to 47.67 million tons from 42.20 million tons, while sales volume increased 15.8% to 50.78 million tons from 43.84 million tons. Overburden removal increased 32.5% to 299.27 million bcm from 225.87 million bcm.

Adaro targets to produce 50 million-53 million tons this year with EBITDA of US$1.2 billion-US$1.5 billion.
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 26 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The Baltic Dry Index follows its upward incline for fourth consecutive week by rising to more than 900 points, up by 37% from the bottom low in the ...


Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue ...


Saturday, 24 March 12
AUSTRALIA'S MINERAL TAX : BENCHMARK FOR OTHER COUNTRIES - SUNIL K KUMBHAT
COALspot.com - Natural resources rich counties like Australia , Indonesia , South Africa , Brazil etc are going through a spectacular resources boom ...


Saturday, 24 March 12
THE AVERAGE CHARTER RATES WAS AT CAPESIZE $ 4,546 PER DAY VS SUPRAMAX / $ 10,819 PER DAY - VISTAAR
COALspot.com - The BDI crossed 900 points this week closing at 908 points up by 3.89 pct. All other sectors were  up except for cape index whic ...


Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...


   957 958 959 960 961   
Showing 4791 to 4795 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Mechel - Russia
  • The University of Queensland
  • Thailand Anthracite
  • Cigading International Bulk Terminal - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Noble Europe Ltd - UK
  • Ernst & Young Pvt. Ltd.
  • Clarksons - UK
  • Maybank - Singapore
  • Barasentosa Lestari - Indonesia
  • Grasim Industreis Ltd - India
  • Georgia Ports Authority, United States
  • UOB Asia (HK) Ltd
  • India Bulls Power Limited - India
  • Coal India Limited
  • Vedanta Resources Plc - India
  • Ind-Barath Power Infra Limited - India
  • Indian School of Mines
  • Sical Logistics Limited - India
  • Arutmin Indonesia
  • Sindya Power Generating Company Private Ltd
  • Cement Manufacturers Association - India
  • Kobexindo Tractors - Indoneisa
  • IHS Mccloskey Coal Group - USA
  • Kumho Petrochemical, South Korea
  • Gujarat Electricity Regulatory Commission - India
  • Latin American Coal - Colombia
  • Chettinad Cement Corporation Ltd - India
  • Inspectorate - India
  • TGV SRAAC LIMITED, India
  • Intertek Mineral Services - Indonesia
  • Star Paper Mills Limited - India
  • Bhatia International Limited - India
  • Madhucon Powers Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Kideco Jaya Agung - Indonesia
  • KEPCO - South Korea
  • Australian Coal Association
  • Power Finance Corporation Ltd., India
  • Formosa Plastics Group - Taiwan
  • HSBC - Hong Kong
  • Iligan Light & Power Inc, Philippines
  • Medco Energi Mining Internasional
  • Indo Tambangraya Megah - Indonesia
  • Lanco Infratech Ltd - India
  • Bangkok Bank PCL
  • Freeport Indonesia
  • Cebu Energy, Philippines
  • Maruti Cements - India
  • LBH Netherlands Bv - Netherlands
  • Runge Indonesia
  • Savvy Resources Ltd - HongKong
  • CESC Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Simpson Spence & Young - Indonesia
  • PetroVietnam
  • Ministry of Transport, Egypt
  • Mercator Lines Limited - India
  • PTC India Limited - India
  • BNP Paribas - Singapore
  • Romanian Commodities Exchange
  • Tamil Nadu electricity Board
  • Enel Italy
  • SGS (Thailand) Limited
  • Cargill India Pvt Ltd
  • Energy Development Corp, Philippines
  • Tata Chemicals Ltd - India
  • Coal and Oil Company - UAE
  • Alfred C Toepfer International GmbH - Germany
  • Qatrana Cement - Jordan
  • JPower - Japan
  • Central Java Power - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Total Coal South Africa
  • Platts
  • Thriveni
  • Ceylon Electricity Board - Sri Lanka
  • WorleyParsons
  • Central Electricity Authority - India
  • Aboitiz Power Corporation - Philippines
  • Sarangani Energy Corporation, Philippines
  • Adani Power Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Krishnapatnam Port Company Ltd. - India
  • Ambuja Cements Ltd - India
  • New Zealand Coal & Carbon
  • EMO - The Netherlands
  • TRAFIGURA, South Korea
  • GAC Shipping (India) Pvt Ltd
  • Jatenergy - Australia
  • Core Mineral Indonesia
  • Gujarat Sidhee Cement - India
  • Trasteel International SA, Italy
  • Directorate General of MIneral and Coal - Indonesia
  • PowerSource Philippines DevCo
  • Coastal Gujarat Power Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Minerals Council of Australia
  • Malabar Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • Parliament of New Zealand
  • IMC Shipping - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Deutsche Bank - India
  • Tata Power - India
  • Goldman Sachs - Singapore
  • Sakthi Sugars Limited - India
  • Riau Bara Harum - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Bukit Makmur.PT - Indonesia
  • Cosco
  • Bank of China, Malaysia
  • Fearnleys - India
  • JPMorgan - India
  • OPG Power Generation Pvt Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Cardiff University - UK
  • Manunggal Multi Energi - Indonesia
  • Adaro Indonesia
  • Chamber of Mines of South Africa
  • Bangladesh Power Developement Board
  • PNOC Exploration Corporation - Philippines
  • ICICI Bank Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • London Commodity Brokers - England
  • World Bank
  • GHCL Limited - India
  • Thomson Reuters GRC
  • Siam City Cement - Thailand
  • Timah Investasi Mineral - Indoneisa
  • Bank of America
  • Mitsui
  • Samsung - South Korea
  • Indonesia Power. PT
  • NTPC Limited - India
  • Surastha Cement
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • MS Steel International - UAE
  • NALCO India
  • Banpu Public Company Limited - Thailand
  • Price Waterhouse Coopers - Russia
  • Argus Media - Singapore
  • Karaikal Port Pvt Ltd - India
  • Merrill Lynch Bank
  • Australian Commodity Traders Exchange
  • Independent Power Producers Association of India
  • Posco Energy - South Korea
  • Idemitsu - Japan
  • Russian Coal LLC
  • bp singapore
  • Kohat Cement Company Ltd. - Pakistan
  • SMC Global Power, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • European Bulk Services B.V. - Netherlands
  • Jorong Barutama Greston.PT - Indonesia
  • Sojitz Corporation - Japan
  • Borneo Indobara - Indonesia
  • Metalloyd Limited - United Kingdom
  • Ministry of Mines - Canada
  • Maheswari Brothers Coal Limited - India
  • Thermax Limited - India
  • Indorama - Singapore
  • Vizag Seaport Private Limited - India
  • CCIC - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Coal Orbis AG
  • Electricity Generating Authority of Thailand
  • Sree Jayajothi Cements Limited - India
  • Gupta Coal India Ltd
  • Mercuria Energy - Indonesia
  • KPCL - India
  • ANZ Bank - Australia
  • Kobe Steel Ltd - Japan
  • Standard Chartered Bank - UAE
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • APGENCO India
  • Platou - Singapore
  • Binh Thuan Hamico - Vietnam
  • The Treasury - Australian Government
  • DBS Bank - Singapore
  • Orica Mining Services - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • CoalTek, United States
  • Electricity Authority, New Zealand
  • Makarim & Taira - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • KPMG - USA
  • TANGEDCO India
  • SUEK AG - Indonesia
  • Berau Coal - Indonesia
  • EIA - United States
  • Eastern Coal Council - USA
  • Vijayanagar Sugar Pvt Ltd - India
  • Parry Sugars Refinery, India
  • globalCOAL - UK
  • Permata Bank - Indonesia
  • Geoservices-GeoAssay Lab
  • Lafarge - France
  • Attock Cement Pakistan Limited
  • Planning Commission, India
  • Rio Tinto Coal - Australia
  • SMG Consultants - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • The State Trading Corporation of India Ltd
  • Arch Coal - USA
  • Samtan Co., Ltd - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Tanito Harum - Indonesia
  • Coalindo Energy - Indonesia
  • Singapore Mercantile Exchange
  • Holcim Trading Pte Ltd - Singapore
  • Shree Cement - India
  • Indika Energy - Indonesia
  • Videocon Industries ltd - India
  • Mitsubishi Corporation
  • Kalimantan Lumbung Energi - Indonesia
  • GVK Power & Infra Limited - India
  • Xstrata Coal
  • J M Baxi & Co - India
  • Indogreen Group - Indonesia
  • Heidelberg Cement - Germany
  • Bhoruka Overseas - Indonesia
  • UBS Singapore
  • Bukit Baiduri Energy - Indonesia
  • Reliance Power - India
  • Thai Mozambique Logistica
  • McConnell Dowell - Australia
  • Renaissance Capital - South Africa
  • San Jose City I Power Corp, Philippines
  • TNPL - India
  • CNBM International Corporation - China
  • ING Bank NV - Singapore
  • Carbofer General Trading SA - India
  • Inco-Indonesia
  • South Luzon Thermal Energy Corporation
  • Indian Energy Exchange, India
  • Panama Canal Authority
  • IEA Clean Coal Centre - UK
  • TeaM Sual Corporation - Philippines
  • Toyota Tsusho Corporation, Japan
  • BRS Brokers - Singapore
  • Mitra SK Pvt Ltd - India
  • ASAPP Information Group - India
  • Indian Oil Corporation Limited
  • Sucofindo - Indonesia
  • Credit Suisse - India
  • Bulk Trading Sa - Switzerland
  • World Coal - UK
  • PLN Batubara - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Japan Coal Energy Center
  • Wilmar Investment Holdings
  • White Energy Company Limited
  • Edison Trading Spa - Italy
  • Glencore India Pvt. Ltd
  • U S Energy Resources
  • Rashtriya Ispat Nigam Limited - India
  • Global Business Power Corporation, Philippines
  • Orica Australia Pty. Ltd.
  • Kaltim Prima Coal - Indonesia
  • Africa Commodities Group - South Africa
  • Jindal Steel & Power Ltd - India
  • Vale Mozambique
  • Meenaskhi Energy Private Limited - India
  • Salva Resources Pvt Ltd - India
  • Pinang Coal Indonesia
  • Shenhua Group - China
  • Peabody Energy - USA
  • IBC Asia (S) Pte Ltd
  • Altura Mining Limited, Indonesia
  • Marubeni Corporation - India
  • IOL Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • SASOL - South Africa
  • Britmindo - Indonesia
  • PLN - Indonesia
  • Anglo American - United Kingdom
  • GNFC Limited - India
  • Commonwealth Bank - Australia
  • Bhushan Steel Limited - India
  • Petron Corporation, Philippines
  • MEC Coal - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • ACC Limited - India
  • The India Cements Ltd
  • CIMB Investment Bank - Malaysia
  • McKinsey & Co - India
  • OCBC - Singapore
  • Therma Luzon, Inc, Philippines
  • Thiess Contractors Indonesia
  • Humpuss - Indonesia
  • Vitol - Bahrain
  • Malco - India
  • VISA Power Limited - India
  • Dalmia Cement Bharat India
  • Petrosea - Indonesia
  • Asian Development Bank
  • Wood Mackenzie - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Ince & co LLP
  • Uttam Galva Steels Limited - India
  • Eastern Energy - Thailand
  • Merrill Lynch Commodities Europe
  • RBS Sempra - UK
  • Economic Council, Georgia
  • Jaiprakash Power Ventures ltd
  • International Coal Ventures Pvt Ltd - India
  • Agrawal Coal Company - India
  • Larsen & Toubro Limited - India
  • GB Group - China
  • Mjunction Services Limited - India
  • Essar Steel Hazira Ltd - India
  • ETA - Dubai
  • Maersk Broker
  • Barclays Capital - USA
  • Baramulti Group, Indonesia
  • Meralco Power Generation, Philippines
  • GMR Energy Limited - India
  • SRK Consulting
  • Globalindo Alam Lestari - Indonesia
  • Interocean Group of Companies - India
  • Siam City Cement PLC, Thailand
  • Coeclerici Indonesia
  • Antam Resourcindo - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Xindia Steels Limited - India
  • Ministry of Finance - Indonesia
  • Moodys - Singapore
  • Bharathi Cement Corporation - India
  • Leighton Contractors Pty Ltd - Australia
  • Aditya Birla Group - India
  • Global Coal Blending Company Limited - Australia
  • Semirara Mining Corp, Philippines
  • KOWEPO - South Korea
  • Kartika Selabumi Mining - Indonesia
  • Gresik Semen - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Oldendorff Carriers - Singapore
  • Cemex - Philippines
  • Deloitte Consulting - India
  • Miang Besar Coal Terminal - Indonesia
  • Indonesian Coal Mining Association
  • Energy Link Ltd, New Zealand
  • Rudhra Energy - India
  • Mintek Dendrill Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Asia Cement - Taiwan
  • Maharashtra Electricity Regulatory Commission - India
  • Infraline Energy - India
  • Straits Asia Resources Limited - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Coaltrans Conferences