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
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)



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

Recent News

Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...


Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast * Says increased Chinese demand, driving brighter outlook Teck Resources Ltd said on Fr ...


Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...


Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...


Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today. The ...


   1332 1333 1334 1335 1336   
Showing 6666 to 6670 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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