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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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Thursday, 20 February 20
CHINA RESUMES OVER 70 PCT COAL PRODUCTION CAPACITY AMID EPIDEMIC - XINHUA
China has resumed 70.2 percent of its coal production capacity with output recovering steadily amid the fight against the novel coronavirus epidemi ...
Thursday, 20 February 20
CHINA THERMAL COAL MARKET FACES 2-3 MONTH CORONAVIRUS SHORT SQUEEZE: NOBLE - REUTERS
China’s domestic thermal coal market faces a 2-3 month short squeeze as a rapidly spreading coronavirus outbreak curtails production more tha ...
Wednesday, 19 February 20
KOREA MIDLAND POWER INVITED BIDS FOR 1 MILLION TONS OF HCV AND LCV COAL FOR Q2- Q4 LOADING
COALspot.com: Korea Midland Power Co. Ltd, (KOMIPO). has issued an international tender for total 1 million MT of coal for April to December 2020 l ...
Wednesday, 19 February 20
GLENCORE WRITES OFF ALMOST $1 BILLION AT COLOMBIAN COAL MINES DUE TO FALLING EUROPEAN IMPORTS: BLOOMBERG
The economic case against European coal is proving too much for even Glencore Plc.
The world’s biggest coal shipper cut the va ...
Wednesday, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- The University of Queensland
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
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