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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
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Friday, 12 February 10
TATA POWER: QUARTERLY BLIP
Although the company’s revenues dipped in the December quarter, its long-term story is intact.
Lower power generation and realisations saw ...
Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy
The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...
Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...
Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...
Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...
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- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Australian Coal Association
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- The University of Queensland
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- GMR Energy Limited - India
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
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