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Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's earnings before interest, tax, depreciation and amortization (EBITDA) in 2009 will be close to the EBITDA in 2008, which is caused by the growing volume of production and sales as well as cost efficiency.
Bumi Resources Investor Relations Senior Vice President Dileep Srivastava said that the company’s coal production volume in 2009 is predicted to grow around 17.5 percent compared to the production volume in 2008.
Meanwhile, the sale is predicted to jump 14 percent to 58 million tons of a previous 51.5 million tons.
“With a satisfying selling price, Bumi is confident to reach a good EBITDA,” Srivastava said to VIVAnews in Jakarta on Wednesday night, Nov. 11.
He explained that the company’s products average selling price in 2009 reaches US$ 60.61 per ton of coal. The selling price is lower than the price in 2008, reaching US$ 73 per ton. Meanwhile, the selling price in 2007 only reached US$44 per ton.
In 2007, the company’s profit was boosted hitting US$ 317 million due to the asset selling of PT Arutmin Indonesia and PT Kaltim Prima Coal (KPC).
“We are convinced that we can have higher profit [than 2007 profit] in 2009,” he added.
Source: Viva News
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Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
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- Baramulti Group, Indonesia
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- Australian Coal Association
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- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
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- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
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- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
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- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Planning Commission, India
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Madhucon Powers Ltd - India
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