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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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- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- VISA Power Limited - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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