COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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 a year ago, the company's president director said on Thursday.

Bukit Asam has agreed to supply PT Indonesia Power, a unit of state electricity firm PT Perusahaan Listrik Negara (PLN), between 5.5 million tonnes and 6.1 million tonnes of coal with a heating value of 5,000 kcal/kg gross as-received (GAR) at 685,000 rupiah ($73.68) per tonne, CIF, president director Sukrisno said.

Indonesia's third-largest listed coal miner by market value said it would supply the coal to the 3,400-MW Suralaya power plant in West Java between now and the end of this year.

The price was 22.5 percent lower than 884,000 rupiah per tonne set in 2009.

"The price in 2009 was above the market price because we managed to reach a deal when coal prices were still high in around September 2008," said a Bukit Asam official, who declined to be quoted by name.

"Although 2010 price is lower than last year, it is still above the current market price," the official said.

Bukit Asam has said it expects last year's revenue to amount to 9 trillion rupiah, up from 7.2 trillion rupiah in 2008 as it managed to negotiate for higher prices.

Bukit Asam, with a market capitalisation of just over $4 billion, expects its sales volume to rise to 15.6 million tonnes in 2010 from an estimated 12.8 million tonnes last year on a growing demand from China and India.($1 = 9,297 Rupiah)
Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...


Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...


Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...


Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday. Bambang Setiawan, the director general of mineral r ...


Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...


   1221 1222 1223 1224 1225   
Showing 6111 to 6115 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • SMG Consultants - Indonesia
  • Mercator Lines Limited - India
  • Kideco Jaya Agung - Indonesia
  • BRS Brokers - Singapore
  • Thriveni
  • Grasim Industreis Ltd - India
  • Indian School of Mines
  • Georgia Ports Authority, United States
  • ASAPP Information Group - India
  • Barasentosa Lestari - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Power Finance Corporation Ltd., India
  • Attock Cement Pakistan Limited
  • Miang Besar Coal Terminal - Indonesia
  • Directorate Of Revenue Intelligence - India
  • New Zealand Coal & Carbon
  • Orica Australia Pty. Ltd.
  • Coal and Oil Company - UAE
  • CESC Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Goldman Sachs - Singapore
  • Bulk Trading Sa - Switzerland
  • Indo Tambangraya Megah - Indonesia
  • Vizag Seaport Private Limited - India
  • Deutsche Bank - India
  • Sarangani Energy Corporation, Philippines
  • Rashtriya Ispat Nigam Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Coalindo Energy - Indonesia
  • bp singapore
  • Independent Power Producers Association of India
  • Indogreen Group - Indonesia
  • GNFC Limited - India
  • UBS Singapore
  • Thermax Limited - India
  • Manunggal Multi Energi - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Clarksons - UK
  • ICICI Bank Limited - India
  • Sojitz Corporation - Japan
  • Glencore India Pvt. Ltd
  • Tata Chemicals Ltd - India
  • Medco Energi Mining Internasional
  • Makarim & Taira - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Berau Coal - Indonesia
  • BNP Paribas - Singapore
  • Rio Tinto Coal - Australia
  • J M Baxi & Co - India
  • Chamber of Mines of South Africa
  • SRK Consulting
  • Carbofer General Trading SA - India
  • Coastal Gujarat Power Limited - India
  • Arch Coal - USA
  • Sree Jayajothi Cements Limited - India
  • Jindal Steel & Power Ltd - India
  • Orica Mining Services - Indonesia
  • PetroVietnam
  • OPG Power Generation Pvt Ltd - India
  • Samtan Co., Ltd - South Korea
  • Mintek Dendrill Indonesia
  • Marubeni Corporation - India
  • APGENCO India
  • Posco Energy - South Korea
  • Asia Cement - Taiwan
  • Intertek Mineral Services - Indonesia
  • NALCO India
  • Merrill Lynch Commodities Europe
  • Tanito Harum - Indonesia
  • SMC Global Power, Philippines
  • MS Steel International - UAE
  • Price Waterhouse Coopers - Russia
  • Port Waratah Coal Services - Australia
  • Coal Orbis AG
  • International Coal Ventures Pvt Ltd - India
  • Barclays Capital - USA
  • Directorate General of MIneral and Coal - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • McConnell Dowell - Australia
  • Bangladesh Power Developement Board
  • The State Trading Corporation of India Ltd
  • White Energy Company Limited
  • Thai Mozambique Logistica
  • European Bulk Services B.V. - Netherlands
  • Moodys - Singapore
  • ACC Limited - India
  • Banpu Public Company Limited - Thailand
  • Thomson Reuters GRC
  • Cigading International Bulk Terminal - Indonesia
  • IEA Clean Coal Centre - UK
  • Indonesian Coal Mining Association
  • Maersk Broker
  • Altura Mining Limited, Indonesia
  • Infraline Energy - India
  • Qatrana Cement - Jordan
  • Madhucon Powers Ltd - India
  • Karaikal Port Pvt Ltd - India
  • Meralco Power Generation, Philippines
  • Commonwealth Bank - Australia
  • NTPC Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Parliament of New Zealand
  • CoalTek, United States
  • Semirara Mining and Power Corporation, Philippines
  • Coaltrans Conferences
  • PLN - Indonesia
  • Global Business Power Corporation, Philippines
  • Central Electricity Authority - India
  • Savvy Resources Ltd - HongKong
  • OCBC - Singapore
  • Indorama - Singapore
  • Sical Logistics Limited - India
  • Mitra SK Pvt Ltd - India
  • Deloitte Consulting - India
  • RBS Sempra - UK
  • Core Mineral Indonesia
  • Aboitiz Power Corporation - Philippines
  • PLN Batubara - Indonesia
  • World Coal - UK
  • Sindya Power Generating Company Private Ltd
  • SASOL - South Africa
  • Bank of America
  • TGV SRAAC LIMITED, India
  • Petrochimia International Co. Ltd.- Taiwan
  • Ministry of Finance - Indonesia
  • Runge Indonesia
  • Wilmar Investment Holdings
  • UOB Asia (HK) Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Adani Power Ltd - India
  • Freeport Indonesia
  • GVK Power & Infra Limited - India
  • Petrosea - Indonesia
  • Vale Mozambique
  • Jatenergy - Australia
  • Uttam Galva Steels Limited - India
  • IOL Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Rudhra Energy - India
  • Coeclerici Indonesia
  • Malco - India
  • Holcim Trading Pte Ltd - Singapore
  • Indian Oil Corporation Limited
  • Credit Suisse - India
  • Mitsubishi Corporation
  • Interocean Group of Companies - India
  • Bharathi Cement Corporation - India
  • Petron Corporation, Philippines
  • Thailand Anthracite
  • Maheswari Brothers Coal Limited - India
  • Reliance Power - India
  • Kohat Cement Company Ltd. - Pakistan
  • Geoservices-GeoAssay Lab
  • Russian Coal LLC
  • Bahari Cakrawala Sebuku - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Ambuja Cements Ltd - India
  • PTC India Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Wood Mackenzie - Singapore
  • IBC Asia (S) Pte Ltd
  • Eastern Energy - Thailand
  • Idemitsu - Japan
  • Binh Thuan Hamico - Vietnam
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Economic Council, Georgia
  • Trasteel International SA, Italy
  • Bhatia International Limited - India
  • Tata Power - India
  • Total Coal South Africa
  • KOWEPO - South Korea
  • Bukit Asam (Persero) Tbk - Indonesia
  • Cosco
  • Edison Trading Spa - Italy
  • ANZ Bank - Australia
  • Cemex - Philippines
  • Singapore Mercantile Exchange
  • Bayan Resources Tbk. - Indonesia
  • Mechel - Russia
  • South Luzon Thermal Energy Corporation
  • DBS Bank - Singapore
  • Riau Bara Harum - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • The Treasury - Australian Government
  • Central Java Power - Indonesia
  • WorleyParsons
  • Anglo American - United Kingdom
  • Salva Resources Pvt Ltd - India
  • TeaM Sual Corporation - Philippines
  • Kobexindo Tractors - Indoneisa
  • Gujarat Sidhee Cement - India
  • Maruti Cements - India
  • globalCOAL - UK
  • Planning Commission, India
  • Eastern Coal Council - USA
  • Samsung - South Korea
  • Indika Energy - Indonesia
  • Tamil Nadu electricity Board
  • Energy Development Corp, Philippines
  • Argus Media - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Straits Asia Resources Limited - Singapore
  • Sinarmas Energy and Mining - Indonesia
  • Latin American Coal - Colombia
  • Bukit Makmur.PT - Indonesia
  • KPMG - USA
  • Jaiprakash Power Ventures ltd
  • Toyota Tsusho Corporation, Japan
  • Malabar Cements Ltd - India
  • Sakthi Sugars Limited - India
  • MEC Coal - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Karbindo Abesyapradhi - Indoneisa
  • Maybank - Singapore
  • Vitol - Bahrain
  • CIMB Investment Bank - Malaysia
  • Larsen & Toubro Limited - India
  • EMO - The Netherlands
  • Siam City Cement PLC, Thailand
  • Cargill India Pvt Ltd
  • KEPCO - South Korea
  • Indian Energy Exchange, India
  • Bangkok Bank PCL
  • TNPL - India
  • San Jose City I Power Corp, Philippines
  • Oldendorff Carriers - Singapore
  • PNOC Exploration Corporation - Philippines
  • Antam Resourcindo - Indonesia
  • Bhushan Steel Limited - India
  • Standard Chartered Bank - UAE
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Aditya Birla Group - India
  • Kepco SPC Power Corporation, Philippines
  • Formosa Plastics Group - Taiwan
  • London Commodity Brokers - England
  • CCIC - Indonesia
  • Semirara Mining Corp, Philippines
  • Electricity Generating Authority of Thailand
  • Ministry of Transport, Egypt
  • Essar Steel Hazira Ltd - India
  • Mercuria Energy - Indonesia
  • Thiess Contractors Indonesia
  • Xstrata Coal
  • Coal India Limited
  • Kalimantan Lumbung Energi - Indonesia
  • Xindia Steels Limited - India
  • Lafarge - France
  • Minerals Council of Australia
  • JPMorgan - India
  • Romanian Commodities Exchange
  • Dalmia Cement Bharat India
  • IHS Mccloskey Coal Group - USA
  • Indonesia Power. PT
  • JPower - Japan
  • Shenhua Group - China
  • Star Paper Mills Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Electricity Authority, New Zealand
  • Noble Europe Ltd - UK
  • IMC Shipping - Singapore
  • India Bulls Power Limited - India
  • VISA Power Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Sucofindo - Indonesia
  • Lanco Infratech Ltd - India
  • Energy Link Ltd, New Zealand
  • Adaro Indonesia
  • Renaissance Capital - South Africa
  • Japan Coal Energy Center
  • Gresik Semen - Indonesia
  • Permata Bank - Indonesia
  • Bank of China, Malaysia
  • EIA - United States
  • TRAFIGURA, South Korea
  • LBH Netherlands Bv - Netherlands
  • Enel Italy
  • Vedanta Resources Plc - India
  • Gupta Coal India Ltd
  • Merrill Lynch Bank
  • Kaltim Prima Coal - Indonesia
  • U S Energy Resources
  • GAC Shipping (India) Pvt Ltd
  • Peabody Energy - USA
  • TANGEDCO India
  • Cardiff University - UK
  • PowerSource Philippines DevCo
  • Pinang Coal Indonesia
  • Cebu Energy, Philippines
  • Inspectorate - India
  • Jorong Barutama Greston.PT - Indonesia
  • Videocon Industries ltd - India
  • Cement Manufacturers Association - India
  • HSBC - Hong Kong
  • ING Bank NV - Singapore
  • Inco-Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Siam City Cement - Thailand
  • Vijayanagar Sugar Pvt Ltd - India
  • GMR Energy Limited - India
  • Therma Luzon, Inc, Philippines
  • Agrawal Coal Company - India
  • Platou - Singapore
  • Arutmin Indonesia
  • GHCL Limited - India
  • Iligan Light & Power Inc, Philippines
  • Surastha Cement
  • Parry Sugars Refinery, India
  • The India Cements Ltd
  • TNB Fuel Sdn Bhd - Malaysia
  • Meenaskhi Energy Private Limited - India
  • SUEK AG - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • World Bank
  • CNBM International Corporation - China
  • The University of Queensland
  • Chettinad Cement Corporation Ltd - India
  • McKinsey & Co - India
  • Borneo Indobara - Indonesia
  • GB Group - China
  • Kobe Steel Ltd - Japan
  • Pipit Mutiara Jaya. PT, Indonesia
  • Britmindo - Indonesia
  • Mitsui
  • Australian Commodity Traders Exchange
  • Fearnleys - India
  • Gujarat Mineral Development Corp Ltd - India
  • Heidelberg Cement - Germany
  • Kapuas Tunggal Persada - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Kumho Petrochemical, South Korea
  • Asian Development Bank
  • Platts
  • Baramulti Group, Indonesia
  • Africa Commodities Group - South Africa
  • Shree Cement - India
  • Ministry of Mines - Canada
  • Metalloyd Limited - United Kingdom
  • Australian Coal Association
  • Billiton Holdings Pty Ltd - Australia
  • KPCL - India
  • Humpuss - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • SGS (Thailand) Limited
  • Bhoruka Overseas - Indonesia
  • Simpson Spence & Young - Indonesia
  • Ince & co LLP
  • Mjunction Services Limited - India
  • Panama Canal Authority
  • Global Coal Blending Company Limited - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • ETA - Dubai
  • Ernst & Young Pvt. Ltd.
  • Neyveli Lignite Corporation Ltd, - India