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Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales volume and lower production costs.
Bayan director for corporate affairs and corporate secretary Jenny Quantero said on Thursday that gross profit would reach Rp 1.75 trillion (US$171.5 million) this year from Rp 939.5 billion.
"This is mostly because of an increase in production volume and a drop in production costs," she said.She said the company had signed contracts to deliver 10 million tons of coal for clients in Korea, Japan, Taiwan, Malaysia and India this year as opposed to only 5.9 million tons sold last year.
Therefore, the company's revenue would increase by 32.6 percent to Rp 6.5 trillion this year.
She added the drop in production costs, estimated to reach between $50 and $55 a ton this year, lower than $71 in the fourth quarter last year on the back of lower oil prices, would contribute to the rise in revenue
Bayan president director Chin Wai Fong said the company would start producing briquettes from its new upgraded coal plant at a rate of 300,000 tons this year.
"The volume has been included in the sales volume target for this year," Fong said.
He said that the new plant would be the first one in Indonesia, explaining that the technology would enable the company to process low-grade coal to make it more valuable. The $68-million plant would start operations in the third quarter of this year.
Source: The Jakarta Post (http://www.thejakartapost.com/news/2009/06/25/bayan-targets-gross-profit-rise-862-percent.html)
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Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
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- The University of Queensland
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
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