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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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Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic ac ...
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- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
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