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Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for the fuel and as production costs fell.
Net income rose to $124.5 million from $103.3 million a year earlier, the company said in an emailed statement late yesterday. Sales advanced 14 percent to $752.9 million, it said.
Bumi’s coal selling price in the first quarter gained 30 percent to $75.4 a ton on average while production costs fell 11 percent, the Jakarta-based company said. That helped to more than offset a 1.2 million ton drop in output volume, it said.
Thermal-coal prices at Australia’s Newcastle port, the world’s largest export hub for the fuel, reached a record last year and have since declined on concern the global recession will curb energy use.
The first quarter “was again a challenging period on account of continuing unusually heavy rainfall which hampered mining activity,” Dileep Srivastava, head of investor relations, said in the statement. Still, Bumi should meet its output and sales growth target of more than 10 percent this year, he said.
Shares of Bumi rose 2.7 percent to 1,520 rupiah in Jakarta on May 1. They have risen 67 percent so far this year, compared with a 28 percent gain in the benchmark Jakarta Composite index.
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aI9m8jUkKfe0
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Wednesday, 03 June 09
BUILDING A ROAD TO LINK 3 GIANTS - THE JAKARTA GLOBE
Madhu Koneru is building a road to the future that will bring together the financial heft of the Middle East, the technological know-how of a rising ...
Tuesday, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...
Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...
Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...
Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...
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- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- The University of Queensland
- Australian Coal Association
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
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