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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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Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
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- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- PTC India Limited - India
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Australian Coal Association
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
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