We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
 PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year thanks to rising demand from the mining sector.
“We have seen a recovery in the mining business. Therefore, the company is confident about booking higher sales this year,” said Sara K Loebis, the company’s corporate secretary.
Heavy machinery accounts for 40 percent of United Tractors’ revenue. Sales totaled 2,600 units in first nine months of 2009, down 31 percent compared with the same period in 2008. Total sales last year were projected to decline 28 percent from 2008.
|
“We have seen a recovery in the mining business. Therefore, the company is confident about booking higher sales this year”
Sara K Loebis
Corporate Secretary, United Tractors
|
United Tractors expects its mining contractor, PT Pamapersada Nusantara, to increase its coal production by 5.8 percent this year, to 72 million tons from 68 million tons last year. The company’s earnings as a contractor are based on output. United Tractors did not project 2010 revenue for Pamapersada Nusantara, whose contracting business provides 50 percent of its revenue.
The remaining 10 percent of United Tractors’ revenue comes from its coal mines. Its mining division is now negotiating for two concessions in Kalimantan, Sara said.
“The acquisition process is currently under way,” she said. “One mine is under price negotiation while the other mine is under due diligence.”
Sara said the company expected to sell 3.5 million tons of its coal in 2010.
In November, United Tractors said it would spend the bulk of its $430 million in planned capital expenditure this year on its contract-mining business.
“We will spend $30 million on our heavy machinery unit and $400 million on our contract-mining unit,” said Gideon Hasan, the company’s finance director.
The $30 million will be internally financed, he said, while the $400 million will largely come from vendor financing. Vendor financing refers to the lending of money by a supplier so a customer can buy its products.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
|
|
|
Showing 6036 to 6040 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Mjunction Services Limited - India
- The University of Queensland
- White Energy Company Limited
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
|
| |
| |
|
