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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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- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Economic Council, Georgia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
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