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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
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• Sales Volume Higher by 21%
• Production Higher by 13%
• FOB Price Reaches $71.6/ton
• Overall Coal Stocks Comfortable
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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.
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Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Australian Coal Association
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- The University of Queensland
- Planning Commission, India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
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