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

Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report. ...


Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...


Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...


Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...


Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...


   3 4 5 6 7   
Showing 21 to 25 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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