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Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additional coal loading conveyor in Tarahan coal terminal or new coal loading terminal in Lampung. The new terminal can accommodate Cape size vessels for loading. The existing facilities of PT Bukit Asam can accomodate panamax vessels or up to 70000 DWT vessels for loading.
The new terminal or conveyor is expecting to commission its operation by 2012. The coal production will also expecting to increase to 50 million ton per annum by 2015 when the new double track railway line is ready to move more cargo from its new and existing coal mines.
PT. Bukit Asam Transpacific Railway a joint venture company between, PT. Bukit Asam, PT. Transpacific Railway Infrastructure and China Railway Engineering Corporation which will be in charged to build and operate the new railway track to move exclusively Bukit Asam coal from its new coal mines. The mines are expecting to start operation by 2013 – 2014.
The total investment of railway line would be around US$ 1.06 billion.
During period of January – September 2009, PT. Bukit Asam’s sales revenue increased 32% to IDR 6,554.89 billion, mainly due to an increase in selling price. However the company’s sales volume for the same period decreased by 6.7% to 8.73 million tons compare to 9.35 million tons in the same period in 2008.
The period of January – September 2009, the company’s Gross profit Margin was 58.5% and Operating profit margin and net profit margin were 45.2% and 34% respectively or increased from 49.6%, 35.6% and 26.6% respectively in the same period in 2008.
PT. Bukit Asam, one of the well performed government owned public limited company in Indonesia is targeting No.1 coal producer position by 2015 when they are ready with an additional infrastructure and an new operative coal mines.
PT. Bukit Asam also planning to invest in 4 X 600 MW power plants in Banko Tengah area, joint venturing with a Chinese company.(cs)
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Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 1 ...
Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
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- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Australian Coal Association
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
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