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

Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...


Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...


Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...


Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...


Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...


   1204 1205 1206 1207 1208   
Showing 6026 to 6030 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 ...

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