We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. According to Bumi’s announcement previewing the operating metrics of Bumi (KPC & Arutmin) for the period Jan - Jun 2010 and Apr - Jun 2010 y-o-y has indicated an outperform on sales and production volumes and price with a lower strip ratio and higher closing inventory compared with the same period in 2009 – in spite of challenging weather conditions.
FOB Price Changes (KPC/Arutmin)
Oct/Dec 2009 $ 58.0/ton
Jan/Mar 2010 $ 62.7/ton
Apr/Jun 2010 (E) $ 71.6/ton, up $ 11.5/ton compare to Apr/Jun 2009 $ 60.1/ton
- Sharply Rising in 1H 2010 - Revenue Growth looking very strong
|
|
• Sales Volume Higher by 21%
• Production Higher by 13%
• FOB Price Reaches $71.6/ton
• Overall Coal Stocks Comfortable
|
|
|
Key Highlights
Sales of 31 million tons up 22% vs just 25.6 million tons in H109. Q1'10 was a record breaking quarter at 16 million tons up ca 42% vs just 11.3 million tons in Q1'09.
KPC achieved a record load out of 3.96 million tons in June 2010 – previous best was in August 2009 at 3.80 million tons. Loading capacity in Sangatta port has been upgraded by 67% to 7,500 tons/hour over May/Jun’10 compared with earlier 4,500 tons/hour. Presently, “they are able to do 6200 tph but they should soon reach full capacity of 7500 tph over H2'10’, the report says.
Deleveraging and unlocking value is of the highest priority in BUMI. Beginning with the non preemptive issue closing latest 30 September 2010 and formation of Bumi Resources Minerals (BRM) to manage and develop the non energy assets.
According to preview, company is on track to achieve FY 2010 guidance of: Sales > 64 million tons, Production > 67 million tons and Price > $67/ton fob.
Sales Outlook for July 2010 – ca 5.5 million tons.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
|
|
|
Showing 5726 to 5730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- The University of Queensland
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
|
| |
| |
|