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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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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 ...
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Showing 6026 to 6030 news of total 6871 |
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- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Planning Commission, India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- PTC India Limited - India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
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