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
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 net profit up around 50 percent and expects double digit revenue growth this year, president director Sukrisno said on Wednesday.

Mining firms in Indonesia, the world's largest exporter of thermal coal, are expected to benefit from improving external demand as the global economy recovers this year. "Unaudited net profit is estimated to have increased by 50 percent in 2009 from 1.7 trillion rupiah in 2008," Sukrisno told reporters. "We expect double digit revenue growth in 2010," he said.

Sukrisno also said the firm, Indonesia's third-largest listed coal miner by market value, saw opportunities for overseas acquisitions. Sukrisno told Reuters in an interview on Dec. 22 last year that the company expected its 2009 revenue to hit 9 trillion rupiah, compared to 7.2 trillion rupiah in 2008, as coal prices rose.

Indonesia's coal mining association told Reuters in January that coal prices have been rising too fast but will likely ease from April when weather becomes drier.

He also said shipments to China from Indonesia will climb this year. Bukit Asam exports about 30 percent of its output to Japan and Malaysia on long-term contracts, but also to South Korea, China and India on a spot basis.
Source: Reuters



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

Recent News

Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A  joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...


Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...


Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...


Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading. European ...


Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...


   1198 1199 1200 1201 1202   
Showing 5996 to 6000 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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