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, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...


Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...


Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...


Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...


Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010 * China, India seen investing in southern Africa assets Asian imports of steam coal will ...


   1208 1209 1210 1211 1212   
Showing 6046 to 6050 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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