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Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
 Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal to 13.2 million tons.
“This reduction is because of the lower demand for coal,” said Bukit Asam's Managing Director, Sukrisno, yesterday (28/9).
However, the company is optimistic that its income this year will increase by between 20 and 30 percent compared to last year’s income of Rp7.2 trillion.
This is because the company has signed a contract for lower shipping prices.
The company is targeting to produce 12 million tons of coal.
“This will depend on weather conditions in the third and fourth quarters of the year,” said Sukrisno.
In order to improve its performance, the company also plans to carry out the acquisition of three mining sites in Kalimantan.
Source: Tempo Interactive
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Thursday, 13 August 09
RIO PREPARES COAL IPO AFTER FAILING TO FIND BUYER
Bloomberg reported that, Rio Tinto Group, the world’s third- largest mining company, is preparing an initial public offering for its U.S. ...
Thursday, 13 August 09
NOBLE'S PROFIT DOUBLES ON GLOUCESTER COAL ACQUISITION
Bloomberg reported that, Noble Group Ltd., a Hong Kong-based supplier of raw materials from soybeans to coal, said second- quarter profit more than ...
Thursday, 13 August 09
CHINA COAL-PRICES UNCHANGED, BUT LIKELY TO MOVE HIGHER
Alibaba reported that, Spot coal prices in China's top coal port Qinhuangdao were unchanged from a week earlier, but are still looking bullish in t ...
Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, ...
Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...
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- Thiess Contractors Indonesia
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- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
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- Price Waterhouse Coopers - Russia
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- PNOC Exploration Corporation - Philippines
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- Global Business Power Corporation, Philippines
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- The Treasury - Australian Government
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- MS Steel International - UAE
- Wood Mackenzie - Singapore
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- GVK Power & Infra Limited - India
- Minerals Council of Australia
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- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
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- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
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- PTC India Limited - India
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- Ministry of Finance - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
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- Jorong Barutama Greston.PT - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
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- Orica Australia Pty. Ltd.
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- Bank of Tokyo Mitsubishi UFJ Ltd
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