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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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Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...
Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...
Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...
Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...
Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...
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- Billiton Holdings Pty Ltd - Australia
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- Sojitz Corporation - Japan
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- Commonwealth Bank - Australia
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- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
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- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
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- Siam City Cement - Thailand
- Central Electricity Authority - India
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
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- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
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- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
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- Romanian Commodities Exchange
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- Eastern Energy - Thailand
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- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Cement Manufacturers Association - India
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- Economic Council, Georgia
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- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
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- Planning Commission, India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
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- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
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- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
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- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
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- Posco Energy - South Korea
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- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Wilmar Investment Holdings
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- The University of Queensland
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
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- PTC India Limited - India
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- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
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- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
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