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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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Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
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- Ambuja Cements Ltd - India
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- ASAPP Information Group - India
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- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
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- Australian Commodity Traders Exchange
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- Bangladesh Power Developement Board
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- Gujarat Mineral Development Corp Ltd - India
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- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
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- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
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- Eastern Coal Council - USA
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- Economic Council, Georgia
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- San Jose City I Power Corp, Philippines
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- Planning Commission, India
- Chamber of Mines of South Africa
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- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
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- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Anglo American - United Kingdom
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
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- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
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- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
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- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
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- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
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- The Treasury - Australian Government
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- Ministry of Transport, Egypt
- Parliament of New Zealand
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- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
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- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
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- Indonesian Coal Mining Association
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