We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 28 July 09
BUKIT ASAM ENJOYS STRONG FIRST HALF
 The Jakarta Post reported that, state coal miner PT Tambang Batubara Bukit Asam (PTBA) enjoyed a strong first half performance with six-month net profits more than double the amount booked in the same period last year, a senior executive says.
President director Sukrisno told reporters on Monday that net profits during the January-June period jumped to Rp 1.59 trillion (around US$160 million), as higher sale volume and prices bolstered revenues.
Revenue soared 56 percent to reach Rp 4.6 trillion.
“Revenue and profit soared as a result of higher volume sales and a better selling price for coal,” Sukrisno said on the sidelines of a meeting at the Office of the State Minister for State Enterprises.
During the first quarter, the company managed to sell its coal at $90 a ton on average, higher than the $60 and $70 a ton selling price in the same period last year.
Sukrisno is also cautiously upbeat about full-year prospects.
“We predict the revenue in the second semester will also be good. But who knows, because the coal price remains uncertain,” he said.
“It depends on the market price, but I am quite sure our sales volume will increase [from last year] by perhaps around 40 percent,” he said of the company’s full-year revenue estimates.
The company gained Rp 1.7 trillion in net profit last year, and paid the government Rp 555.2 billion in dividends.
It allocated a total of Rp 853.9 billion toward shareholder dividends in 2008.
PTBA is 65 percent owned by the government.
The company, which controls about a quarter of Indonesia’s coal reserves, is also launching an aggressive expansion by preparing several mine takeovers.
It is currently conducting feasibility studies for the purchase of two coal mines in Kalimantan, which have an estimated investment value of Rp 1.5 trillion.
According to Sukrisno, the company produced 5.8 million tons of coal in the first semester. The company is aiming to produce 13.5 million tons this year. (naf)
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 10 August 09
S.KOREA KOSPO ISSUES SPOT, TERM COAL TENDERS
Korea Southern Power Co Ltd (KOSPO) is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a ...
Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
|
|
|
Showing 6521 to 6525 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Planning Commission, India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- The University of Queensland
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Romanian Commodities Exchange
|
| |
| |
|
