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Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
 PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up 3.46 million tons compared to the same period last year. Based on the United Tractors operational report for the April period, the company sold 1.57 million tons in April 2020, up from the previous month's 1.3 million tons, Dunia Energi reported.
As quoted by Dunia Eneri, Frans Kusuma, President Director of United Tractors, said demand for high-calorie coal is expected to remain stable in 2020, although prices have not yet improved. "The best strategy in conditions of price uncertainty is to be cost efficient in all operational lines," Frans was quoted as saying in the United Tractors annual report.
Coking coal mining will be one of the company's leading portfolios in the future. Continued working to increase market share through marketing strategies and increasing production capacity, said Frans, the media said.
Dunia Energi further noted that, In 2019, Tuah Turangga posted revenue of IDR 10.7 trillion, up 6% compared to the previous year of IDR 10 trillion. The revenue was obtained from the sale of 8.5 million tons of coal, up 21% compared to 2018 of 7 million tons. Of the total coal sales, coking coal accounts for around 14%.
To become a global coal trader, Tuah Turangga formed a strategic partnership by establishing a joint venture company with Itochu, Cipta Coal Trading Pte, Ltd. for coking coal sales in 2018. In 2019, the company formed a partnership with Sumitomo to form AEGIS Energy Trading Pte.Ltd for sales of thermal coal for the export market said Dunia Energi.
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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
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- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Aditya Birla Group - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Australian Coal Association
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
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