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
Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
JakartapostCoal 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


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

Recent News

Thursday, 05 April 18
INDONESIA TO POSTPONE NEW COAL, PALM OIL SHIPPING RULES TO 2020 - REUTERS
Indonesia will delay until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, government offic ...


Tuesday, 03 April 18
MARKET ANALYSIS - GEORGE LAZARIDIS
In the midst of a relatively quiet week for markets, with disruptions being caused by the Christian holidays, it seems as though we find ourselves ...


Monday, 02 April 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT, SAYS VISTAAR
The freight market softening to continue.  Thursday, March 29, 2018, the Baltic Dry Index decreased by 42 points, reaching 1080 points. T ...


Monday, 02 April 18
THIESS TO DELIVER $150M SENAKIN CONTRACT EXTENSION
Thiess has secured a $150 million contract extension to provide mine services at Arutmin’s Senakin coal mine in South Kalimantan, Indonesia. ...


Monday, 02 April 18
THIESS SECURES $240M SATUI EXTENSION
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million con ...


   349 350 351 352 353   
Showing 1751 to 1755 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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