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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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Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
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- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
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