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Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. The same period in 2009, PTBA has sold only 5.84 million tons of coal according to press release of PTBA.
66 percent of total sales in H1, goes to the domestic market and remaining 34 percents exported. Despite 10 percent sales increase, total revenue fell 16 percent to Rp 3.794 trillion (US$ 419,091 million) in H1 2010 compare to Rp. 4.501 trillion (US$ 497.085 million ) in H1 of 2009, the report said. Company said various reasons for the drop in net profit.
The company’s average selling price to the domestic market was at Rp. 601,106 (US$ 66.38) in H1 of 2010. The same period in 2009, PTBA able to achieved price of Rp. 751,623 (US$ 83.00) for its coal from the domestic market. However, PTBA claimed that, they were able to get better price from the domestic market for the period April – June 2010 compare to January – March 2010.
Q2 coal prices were higher by 8 percent compare to Q1 coal price.
The average selling price of PTBA coal for the export market for H1 was around at US$ 61.15 per metric ton, which was about US$ 13 below, the price PTBA achieved from the export market in the same period in 2009. The average price drop was due to larger volume of sub-bituminous coal exported, which has lower price compare to bituminous coal.
PTBA is also forecasting a higher revenue in H2, due to better coal price from the international market and allocate a higher percentage of bituminous coal for export. PTBA is also assuming that, the international price for coal would be around US$ 98/ ton for 2nd half of this year.
The company is also projecting the total sales for this year will reach to 14.5 million tons, which is 15 percent higher than last year’s sales. (1 USD = 9,055.00 IDR)
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Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...
Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...
Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...
Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...
Friday, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
Korea Western Power Company Limited has finalized around 1.2 million tonnes of Indonesian origin of coal last week. According to K ...
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- Ministry of Finance - Indonesia
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- Australian Coal Association
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
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- Mintek Dendrill Indonesia
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- The Treasury - Australian Government
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- Mjunction Services Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
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- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
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- Indika Energy - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
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- Binh Thuan Hamico - Vietnam
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- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Global Business Power Corporation, Philippines
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- Videocon Industries ltd - India
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- Wilmar Investment Holdings
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- Bhatia International Limited - India
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- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
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- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
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- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
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- Pipit Mutiara Jaya. PT, Indonesia
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- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Aditya Birla Group - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
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- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
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- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
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- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
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- Therma Luzon, Inc, Philippines
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