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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, 12 May 20
CAN INDONESIA'S COAL INDUSTRY SURVIVE COVID-19? : IEEFA
Pandemic Lockdown and Slumping Prices Put Extreme Pressure on Coal Miners
Executive Summary
While attention has been focused on th ...
Tuesday, 12 May 20
INDIA'S COAL PRODUCTION TO CLOCK RECORD 700 MILLION TONNES IN FY21: COAL SECRETARY - PTI
Coal Secretary Anil Jain said FY20 coal production was lower than the target of 660 million tonnes because of flooding of a key coal mine.
&nbs ...
Monday, 11 May 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Monday, 11 May 20
CORONAVIRUS PUTS MORE THAN A THIRD OF SEABORNE COAL SUPPLY AT RISK - WOOD MACKENZIE
The full impact of the coronavirus outbreak on the global economy is yet unclear. However, the demand destruction is already becoming evident, with ...
Saturday, 09 May 20
ANGLO AMERICAN CONSIDERS SPINNING OFF SOUTH AFRICAN COAL OPERATIONS - REUTERS
Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa on the Johannesburg ...
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- Economic Council, Georgia
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
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