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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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Friday, 13 February 09
INDONESIA IS EXPECTED TO PRODUCE 225 MILLION TONES OF COAL IN 2009 - ENERGY MINISTRY
Indonesia, the world's top thermal coal exporter, will allocate 68.3 million tonnes of coal out of expected forecast production of 225 million ton ...
Friday, 06 February 09
INDONESIA'S COAL PORTS HAVE FORCED A RETHINK ON 'TRADITIONAL' HANDLING OPTIONS
Port Strategy reported that, Indonesia’s main coal-producing islands of Kalimantan, Sulawesi and Sumatra suffer from a scarcity of suitable la ...
Thursday, 22 January 09
MINISTER: MINING LAW PROHIBITS RAW MATERIAL EXPORT - ESDM
The Coal and Mining Law, approved during the House of Representatives plenary meeting on December 16, 2008 seeks to domestically increase mining com ...
Wednesday, 07 January 09
SOUTH KALIMANTAN COAL PRODUCTION EXPECTED TO INCREASE - ESDM
Coal production from the South Kalimantan region has the potential to increase in the next few years. Aside from the vast proven reserves of coal, s ...
Tuesday, 30 November 99
GLENCORE EXPECTS 2023 TRADING UNIT PROFITS OF UP TO $4 BLN - REUTERS
Glencore GLEN.L on Friday said it expects profits at its trading division this year of up to $4 billion, exceeding its long-term annual guidance.
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- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- The University of Queensland
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Australian Coal Association
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
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