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Wednesday, 06 January 10
BUMI SHARES UP AS OVERALL PERFORMANCE BEATS PREDICTIONS
The world’s largest thermal coal exporter PT Bumi Resources saw its shares jump 10 percent to Rp 2,675 ($29 US cents) on Tuesday after the company reported a first-nine month’s performance beating analysts’ predictions.
But despite improved performance up to the end of September the firm’s net profits fell by 26.5 percent to $360.22 million down from $490 million in the same period of 2008, due to lower coal prices and higher taxes.
Bumi corporate secretary Dileep Srivastava said the firms “better than estimated” performance was helped by record production and sales volume in the third quarter.
Coal output rose 48 percent to 17.5 million metric tons in the third quarter and sales volume climbed 24 percent to 15.5 million tons.
“2008 profit was higher because of tax credits earned in the first half of the year, and one-off atypical market buoyancy,“ Dileep said.
But Bumi’s income tax expenses jumped by 24 times to more than $173 million from last year’s $6.9 million, while its revenues fell by 4 percent to $2.3 billion from $2.4 billion posted a year earlier. To read more The Jakarta Post
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Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
Wednesday, 06 January 10
INDIA MAY HAVE BECOME TOP BUYER OF SOUTH AFRICAN COAL
India may have overtaken Europe for the first time as the biggest purchaser of South African coal in 2009, according to Raymond Chirwa, Richards Bay ...
Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years.
The German Coal Importer Association has ca ...
Tuesday, 05 January 10
SUPRAMAX MARKET REMAINED QUIET OVER THE LAST 10 DAYS BRS - DRY BULK
Despite a damp end to the year for bulk rates, shipping has weathered the storm far better than was initially expected in the wake of the financ ...
Tuesday, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE
Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the risin ...
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- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Deloitte Consulting - India
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
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