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Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
 Coal miner Bukit Asam announced 50 percent profit growth to Rp 2.58 trillion (US$177.33 million) in the first half of 2018, on the back of a coal-price increase and improved efficiency.
The company booked Rp 10.53 trillion revenue in the first half, 17 percent higher than the figure in the same period last year, while its sales increased 8 percent to 12.22 million ton.
“The price increased by 9 percent to 838,288 per ton on average,” said Bukit Asam corporate secretary Suherman in Jakarta on Monday as reported by kontan.co.id.
He said the company managed to press cost of revenue by 9 percent to Rp 6.1 trillion, while production volume increased by 19 percent, compared to the figure in the corresponding period of 2017, which was recorded at 11.36 million ton.
Suherman acknowledged that the domestic market obligation (DMO), which was decided at US$70 per ton, had affected the company’s revenue. Under the DMO scheme, the coal miner is required to sell 25 percent of its products to the local market, particularly to fuel power plants.
Bukit Asam aims this year to sell 25.88 million tons of coal, 53 percent of which to the domestic market, while the other 47 percent of the commodity will be exported.
However, not all coal produced by Bukit Asam for the domestic market is sold based on the DMO price because after fulfilling the DMO quota, the company sells the remaining coal to other miners unable to fulfill their DMO quota of 25 percent of production. The coal is sold according to market price.
Source: The Jakarta Post
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Friday, 18 May 18
INDONESIA'S SAMARINDA ANCHORAGE COAL LOADING ACTIVITIES WERE RESUMED YESTERDAY AT 4PM LOCAL TIME
Samarinda Anchorage coal loading activities were resumed yesterday at 4PM local time.
Local fishermen in Samarinda Anchorage have been demonst ...
Wednesday, 16 May 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Half-way through the second quarter of the year and as the Posidonia week approaches everyone is getting ready for this unique gathering that besid ...
Thursday, 10 May 18
PRIVATE POWER PRODUCERS NEED A 'POWERFUL PUSH' - PRADEEP MITTAL
- PLF of the Private Sector in the country (Coal and Lignite based) for FY 2017-18 (till Dec 2017) is 56%.
- 51 GW of stressed assets (Thermal &a ...
Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indones ...
Monday, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...
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- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- PTC India Limited - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
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