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

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 ...


   1246 1247 1248 1249 1250   
Showing 6236 to 6240 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 ...

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