We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 31 October 15
ADARO ENERGY'S CORE EARNINGS DECLINE 21 PER CENT FOR THE NINE MONTHS PERIOD TO SEPTEMBER 2015
 COALspot.com: Adaro Energy's core earnings decline 21% to US$228 Million for first 9months of this year compared to the same period last year. However, despite Challenging market conditions, Adaro lowers costs, lowers debt and delivers strong free cash flow.
Indonesia’s second largest coal producer Adaro Energy lodged its un-audited consolidated financial statements for the first nine months of 2015 on 30 October 2015.
“We recognize the tremendous pressure on our profitability as coal prices continue to drop. The challenging conditions have tested our vertically integrated business model and our results have shown the resiliency of the business model,” said Mr. Garibaldi Thohir, President Director and Chief Executive Officer of Adaro Energy.
He further said that, “ we will achieve our FY15 operational EBITDA guidance of US$550 million to US$800 million. We are staying the course and keep implementing our strategy to strengthen our core for business sustainability.”
“ We continue with our strategy to develop the three engines of growth for our company – coal mining, mining services and logistics, and power. We continue to execute operational excellence, improve cost efficiencies along our coal supply chain, strengthen our logistics unit, move further downstream into power and pay an annual cash dividend,” said President Director and Chief Executive Officer of Adaro Energy.
According to Adaro’s press release, the company has revised its production guidance for 2015 to 52 - 54 Million tonnes (Mt) from 54 – 56 Mt.
The company’s Average Selling Price (ASP) has declined year over year as oversupply persists in the coal market. Adaro has recorded 14% lower Average Selling Price (ASP) year over year for the nine month period to September 2015.
Adaro further noted that, the miner’s revenue fell 16% to US$ 2.112 billion as company’s sales volume declined 3% to 41.2 Mt for the nine month period to September 2015. Production volumes also decreased 5% to 39.8 Mt due to lower demand growth.
According to the press report, the company is still anticipating market conditions to continue to be difficult for the rest of the year. Demand growth will remain sluggish and prices will continue to be in a descending mode for the rest of the year.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month.
The Q4 swap was d ...
Wednesday, 28 October 15
BDI INCREASE TOOK PLACE SOLELY ON THE BACK OF CAPESIZE PERFORMANCE, BUT........ - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a small improvement which nonetheless failed to lift sentiment, not only because ...
Tuesday, 27 October 15
Q1'16 API 5 FOB NEWCASTLE COAL SWAP DECLINE 6 PER CENT M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $2 per ton (4.66%) month over month to US$ 40.93 per ton. The swa ...
Monday, 26 October 15
PORT OF NEWCASTLE SHIPPED 10.5 PER CENT LESS COAL IN SEPTEMBER, COMPARED TO AUGUST LOADING
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.161 billi ...
Monday, 26 October 15
CFR SOUTH CHINA COAL SWAPS CLOSE DOWN 4.3% AS DEMAND CONCERNS WEIGH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US$ 1.48 (3.02 %) per ton month over month.
A commodity sw ...
|
|
|
Showing 2746 to 2750 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- The University of Queensland
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- CNBM International Corporation - China
- ASAPP Information Group - India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
|
| |
| |
|
