COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...


Monday, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed. ...


Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...


Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...


Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...


   1234 1235 1236 1237 1238   
Showing 6176 to 6180 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Karaikal Port Pvt Ltd - India
  • Surastha Cement
  • Cardiff University - UK
  • Indonesian Coal Mining Association
  • Fearnleys - India
  • Barclays Capital - USA
  • Jaiprakash Power Ventures ltd
  • Permata Bank - Indonesia
  • Thailand Anthracite
  • Vitol - Bahrain
  • SASOL - South Africa
  • SGS (Thailand) Limited
  • Simpson Spence & Young - Indonesia
  • Samtan Co., Ltd - South Korea
  • Oldendorff Carriers - Singapore
  • International Coal Ventures Pvt Ltd - India
  • Parliament of New Zealand
  • Georgia Ports Authority, United States
  • Karbindo Abesyapradhi - Indoneisa
  • Samsung - South Korea
  • MS Steel International - UAE
  • Sindya Power Generating Company Private Ltd
  • Medco Energi Mining Internasional
  • Central Java Power - Indonesia
  • BRS Brokers - Singapore
  • CIMB Investment Bank - Malaysia
  • Toyota Tsusho Corporation, Japan
  • Gupta Coal India Ltd
  • Shree Cement - India
  • Rudhra Energy - India
  • OPG Power Generation Pvt Ltd - India
  • ETA - Dubai
  • San Jose City I Power Corp, Philippines
  • Coal and Oil Company - UAE
  • Globalindo Alam Lestari - Indonesia
  • Thomson Reuters GRC
  • ANZ Bank - Australia
  • Cargill India Pvt Ltd
  • Price Waterhouse Coopers - Russia
  • Thiess Contractors Indonesia
  • Kobexindo Tractors - Indoneisa
  • Kideco Jaya Agung - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Rashtriya Ispat Nigam Limited - India
  • Chamber of Mines of South Africa
  • Heidelberg Cement - Germany
  • Independent Power Producers Association of India
  • ACC Limited - India
  • Attock Cement Pakistan Limited
  • Platts
  • Coastal Gujarat Power Limited - India
  • Mintek Dendrill Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Indian Energy Exchange, India
  • Banpu Public Company Limited - Thailand
  • Bhatia International Limited - India
  • Interocean Group of Companies - India
  • Bangkok Bank PCL
  • Cigading International Bulk Terminal - Indonesia
  • Ministry of Mines - Canada
  • Tanito Harum - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Ernst & Young Pvt. Ltd.
  • MEC Coal - Indonesia
  • SUEK AG - Indonesia
  • Energy Link Ltd, New Zealand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Electricity Authority, New Zealand
  • Australian Coal Association
  • Ambuja Cements Ltd - India
  • UOB Asia (HK) Ltd
  • Goldman Sachs - Singapore
  • Cebu Energy, Philippines
  • Binh Thuan Hamico - Vietnam
  • Barasentosa Lestari - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • IMC Shipping - Singapore
  • Chettinad Cement Corporation Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Geoservices-GeoAssay Lab
  • Central Electricity Authority - India
  • Semirara Mining Corp, Philippines
  • Inspectorate - India
  • Riau Bara Harum - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Kartika Selabumi Mining - Indonesia
  • Aditya Birla Group - India
  • Pinang Coal Indonesia
  • India Bulls Power Limited - India
  • Arutmin Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Lanco Infratech Ltd - India
  • Enel Italy
  • Tata Power - India
  • Core Mineral Indonesia
  • PNOC Exploration Corporation - Philippines
  • GB Group - China
  • Power Finance Corporation Ltd., India
  • Marubeni Corporation - India
  • Maheswari Brothers Coal Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • McConnell Dowell - Australia
  • Renaissance Capital - South Africa
  • Xstrata Coal
  • Grasim Industreis Ltd - India
  • KEPCO - South Korea
  • Freeport Indonesia
  • Thermax Limited - India
  • CoalTek, United States
  • Kapuas Tunggal Persada - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Siam City Cement - Thailand
  • Baramulti Group, Indonesia
  • Orica Australia Pty. Ltd.
  • Runge Indonesia
  • The Treasury - Australian Government
  • Panama Canal Authority
  • South Luzon Thermal Energy Corporation
  • Platou - Singapore
  • Adani Power Ltd - India
  • Rio Tinto Coal - Australia
  • OCBC - Singapore
  • Credit Suisse - India
  • GHCL Limited - India
  • CNBM International Corporation - China
  • IOL Indonesia
  • PetroVietnam
  • Wood Mackenzie - Singapore
  • Petrosea - Indonesia
  • Antam Resourcindo - Indonesia
  • NALCO India
  • Jorong Barutama Greston.PT - Indonesia
  • Peabody Energy - USA
  • Bangladesh Power Developement Board
  • Sical Logistics Limited - India
  • Kobe Steel Ltd - Japan
  • Vedanta Resources Plc - India
  • Bank of China, Malaysia
  • Salva Resources Pvt Ltd - India
  • Ince & co LLP
  • bp singapore
  • TNPL - India
  • Coal India Limited
  • Tamil Nadu electricity Board
  • Sarangani Energy Corporation, Philippines
  • Essar Steel Hazira Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • Maruti Cements - India
  • Bharathi Cement Corporation - India
  • Formosa Plastics Group - Taiwan
  • Inco-Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Bhoruka Overseas - Indonesia
  • Orica Mining Services - Indonesia
  • Mitsui
  • Infraline Energy - India
  • CCIC - Indonesia
  • Uttam Galva Steels Limited - India
  • Vizag Seaport Private Limited - India
  • SMC Global Power, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Global Business Power Corporation, Philippines
  • Indo Tambangraya Megah - Indonesia
  • TRAFIGURA, South Korea
  • Borneo Indobara - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Indorama - Singapore
  • HSBC - Hong Kong
  • Edison Trading Spa - Italy
  • Jatenergy - Australia
  • Ministry of Transport, Egypt
  • Ministry of Finance - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Iligan Light & Power Inc, Philippines
  • Idemitsu - Japan
  • Wilmar Investment Holdings
  • Dalmia Cement Bharat India
  • UBS Singapore
  • Moodys - Singapore
  • Asia Cement - Taiwan
  • Miang Besar Coal Terminal - Indonesia
  • Cement Manufacturers Association - India
  • Ind-Barath Power Infra Limited - India
  • The State Trading Corporation of India Ltd
  • Gujarat Sidhee Cement - India
  • Holcim Trading Pte Ltd - Singapore
  • Carbofer General Trading SA - India
  • WorleyParsons
  • TANGEDCO India
  • Malco - India
  • Madhucon Powers Ltd - India
  • Qatrana Cement - Jordan
  • Trasteel International SA, Italy
  • Standard Chartered Bank - UAE
  • GMR Energy Limited - India
  • Petron Corporation, Philippines
  • Mercuria Energy - Indonesia
  • Kumho Petrochemical, South Korea
  • European Bulk Services B.V. - Netherlands
  • Asmin Koalindo Tuhup - Indonesia
  • Port Waratah Coal Services - Australia
  • GNFC Limited - India
  • Directorate Of Revenue Intelligence - India
  • Indika Energy - Indonesia
  • NTPC Limited - India
  • New Zealand Coal & Carbon
  • Coeclerici Indonesia
  • Latin American Coal - Colombia
  • Aboitiz Power Corporation - Philippines
  • Global Coal Blending Company Limited - Australia
  • ICICI Bank Limited - India
  • Russian Coal LLC
  • Videocon Industries ltd - India
  • Commonwealth Bank - Australia
  • McKinsey & Co - India
  • Thai Mozambique Logistica
  • Manunggal Multi Energi - Indonesia
  • ING Bank NV - Singapore
  • Tata Chemicals Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Asian Development Bank
  • Argus Media - Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • White Energy Company Limited
  • Agrawal Coal Company - India
  • Indian School of Mines
  • Indogreen Group - Indonesia
  • Merrill Lynch Commodities Europe
  • Deloitte Consulting - India
  • Siam City Cement PLC, Thailand
  • The India Cements Ltd
  • Semirara Mining and Power Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • IEA Clean Coal Centre - UK
  • Bayan Resources Tbk. - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Africa Commodities Group - South Africa
  • RBS Sempra - UK
  • PLN Batubara - Indonesia
  • Economic Council, Georgia
  • CESC Limited - India
  • Electricity Generating Authority of Thailand
  • Sojitz Corporation - Japan
  • Mitra SK Pvt Ltd - India
  • Berau Coal - Indonesia
  • Glencore India Pvt. Ltd
  • Xindia Steels Limited - India
  • Sakthi Sugars Limited - India
  • Intertek Mineral Services - Indonesia
  • Anglo American - United Kingdom
  • SN Aboitiz Power Inc, Philippines
  • Krishnapatnam Port Company Ltd. - India
  • Total Coal South Africa
  • TGV SRAAC LIMITED, India
  • Makarim & Taira - Indonesia
  • Planning Commission, India
  • JPower - Japan
  • Parry Sugars Refinery, India
  • Larsen & Toubro Limited - India
  • Malabar Cements Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Reliance Power - India
  • Mercator Lines Limited - India
  • Romanian Commodities Exchange
  • Vale Mozambique
  • U S Energy Resources
  • London Commodity Brokers - England
  • GVK Power & Infra Limited - India
  • Deutsche Bank - India
  • Indonesia Power. PT
  • Merrill Lynch Bank
  • SRK Consulting
  • Meenaskhi Energy Private Limited - India
  • Singapore Mercantile Exchange
  • Eastern Energy - Thailand
  • Coalindo Energy - Indonesia
  • J M Baxi & Co - India
  • EMO - The Netherlands
  • BNP Paribas - Singapore
  • Savvy Resources Ltd - HongKong
  • World Coal - UK
  • PetroVietnam Power Coal Import and Supply Company
  • PowerSource Philippines DevCo
  • Eastern Coal Council - USA
  • PTC India Limited - India
  • APGENCO India
  • The University of Queensland
  • IHS Mccloskey Coal Group - USA
  • Coaltrans Conferences
  • Bhushan Steel Limited - India
  • Jindal Steel & Power Ltd - India
  • Japan Coal Energy Center
  • IBC Asia (S) Pte Ltd
  • Shenhua Group - China
  • Star Paper Mills Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Metalloyd Limited - United Kingdom
  • Bukit Makmur.PT - Indonesia
  • DBS Bank - Singapore
  • VISA Power Limited - India
  • Adaro Indonesia
  • Sree Jayajothi Cements Limited - India
  • Kaltim Prima Coal - Indonesia
  • Indian Oil Corporation Limited
  • Humpuss - Indonesia
  • TeaM Sual Corporation - Philippines
  • Lafarge - France
  • Cemex - Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Noble Europe Ltd - UK
  • Petrochimia International Co. Ltd.- Taiwan
  • KPMG - USA
  • Mjunction Services Limited - India
  • KOWEPO - South Korea
  • Arch Coal - USA
  • Gujarat Mineral Development Corp Ltd - India
  • Minerals Council of Australia
  • Bank of America
  • LBH Netherlands Bv - Netherlands
  • Energy Development Corp, Philippines
  • Bulk Trading Sa - Switzerland
  • Bukit Asam (Persero) Tbk - Indonesia
  • KPCL - India
  • Maersk Broker
  • Australian Commodity Traders Exchange
  • Coal Orbis AG
  • ASAPP Information Group - India
  • Clarksons - UK
  • Sucofindo - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Meralco Power Generation, Philippines
  • PLN - Indonesia
  • Maybank - Singapore
  • Thriveni
  • EIA - United States
  • Pendopo Energi Batubara - Indonesia
  • SMG Consultants - Indonesia
  • Altura Mining Limited, Indonesia
  • Therma Luzon, Inc, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Vijayanagar Sugar Pvt Ltd - India
  • Mitsubishi Corporation
  • Britmindo - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • World Bank
  • JPMorgan - India
  • Posco Energy - South Korea
  • Mechel - Russia
  • Gresik Semen - Indonesia
  • globalCOAL - UK
  • Cosco