COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...


Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...


Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...


Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...


Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...


   1140 1141 1142 1143 1144   
Showing 5706 to 5710 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • The University of Queensland
  • IBC Asia (S) Pte Ltd
  • Agrawal Coal Company - India
  • Xindia Steels Limited - India
  • Sindya Power Generating Company Private Ltd
  • Adani Power Ltd - India
  • Bank of America
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Attock Cement Pakistan Limited
  • Mitsui
  • Medco Energi Mining Internasional
  • Ernst & Young Pvt. Ltd.
  • Samsung - South Korea
  • ING Bank NV - Singapore
  • Latin American Coal - Colombia
  • Rashtriya Ispat Nigam Limited - India
  • Thai Mozambique Logistica
  • GVK Power & Infra Limited - India
  • Central Electricity Authority - India
  • Minerals Council of Australia
  • Australian Commodity Traders Exchange
  • Mercator Lines Limited - India
  • Tamil Nadu electricity Board
  • Globalindo Alam Lestari - Indonesia
  • Mjunction Services Limited - India
  • ICICI Bank Limited - India
  • U S Energy Resources
  • Dalmia Cement Bharat India
  • Borneo Indobara - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Cement Manufacturers Association - India
  • Goldman Sachs - Singapore
  • Kideco Jaya Agung - Indonesia
  • Indorama - Singapore
  • Indonesia Power. PT
  • The Treasury - Australian Government
  • DBS Bank - Singapore
  • Trasteel International SA, Italy
  • Energy Development Corp, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Larsen & Toubro Limited - India
  • Thiess Contractors Indonesia
  • PTC India Limited - India
  • Global Coal Blending Company Limited - Australia
  • Bhushan Steel Limited - India
  • IMC Shipping - Singapore
  • Vedanta Resources Plc - India
  • Billiton Holdings Pty Ltd - Australia
  • Coalindo Energy - Indonesia
  • Platts
  • KPMG - USA
  • Petrochimia International Co. Ltd.- Taiwan
  • Noble Europe Ltd - UK
  • Asian Development Bank
  • Berau Coal - Indonesia
  • Grasim Industreis Ltd - India
  • Surastha Cement
  • The India Cements Ltd
  • Toyota Tsusho Corporation, Japan
  • CNBM International Corporation - China
  • Deutsche Bank - India
  • Videocon Industries ltd - India
  • Orica Australia Pty. Ltd.
  • Gujarat Sidhee Cement - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Barasentosa Lestari - Indonesia
  • Qatrana Cement - Jordan
  • Banpu Public Company Limited - Thailand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • ACC Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • KEPCO - South Korea
  • Uttam Galva Steels Limited - India
  • CCIC - Indonesia
  • IHS Mccloskey Coal Group - USA
  • CIMB Investment Bank - Malaysia
  • PNOC Exploration Corporation - Philippines
  • PowerSource Philippines DevCo
  • ETA - Dubai
  • Shree Cement - India
  • Cigading International Bulk Terminal - Indonesia
  • Romanian Commodities Exchange
  • Sical Logistics Limited - India
  • WorleyParsons
  • Kumho Petrochemical, South Korea
  • Kepco SPC Power Corporation, Philippines
  • Pendopo Energi Batubara - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Anglo American - United Kingdom
  • World Coal - UK
  • Glencore India Pvt. Ltd
  • India Bulls Power Limited - India
  • RBS Sempra - UK
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bahari Cakrawala Sebuku - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Indian Oil Corporation Limited
  • Shenhua Group - China
  • JPower - Japan
  • J M Baxi & Co - India
  • Bukit Makmur.PT - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Mercuria Energy - Indonesia
  • Deloitte Consulting - India
  • Merrill Lynch Commodities Europe
  • Thailand Anthracite
  • Posco Energy - South Korea
  • Freeport Indonesia
  • Commonwealth Bank - Australia
  • BNP Paribas - Singapore
  • Makarim & Taira - Indonesia
  • Gupta Coal India Ltd
  • Singapore Mercantile Exchange
  • Tanito Harum - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Runge Indonesia
  • Eastern Energy - Thailand
  • Bayan Resources Tbk. - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Mintek Dendrill Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Georgia Ports Authority, United States
  • Aboitiz Power Corporation - Philippines
  • Coal Orbis AG
  • Rudhra Energy - India
  • Holcim Trading Pte Ltd - Singapore
  • Samtan Co., Ltd - South Korea
  • Clarksons - UK
  • Cosco
  • Infraline Energy - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Renaissance Capital - South Africa
  • Bangladesh Power Developement Board
  • Baramulti Group, Indonesia
  • KOWEPO - South Korea
  • Power Finance Corporation Ltd., India
  • International Coal Ventures Pvt Ltd - India
  • APGENCO India
  • Ambuja Cements Ltd - India
  • MS Steel International - UAE
  • Timah Investasi Mineral - Indoneisa
  • Planning Commission, India
  • Manunggal Multi Energi - Indonesia
  • Sakthi Sugars Limited - India
  • Malco - India
  • McKinsey & Co - India
  • Peabody Energy - USA
  • Star Paper Mills Limited - India
  • Indo Tambangraya Megah - Indonesia
  • GB Group - China
  • AsiaOL BioFuels Corp., Philippines
  • Parry Sugars Refinery, India
  • Mitra SK Pvt Ltd - India
  • Total Coal South Africa
  • Formosa Plastics Group - Taiwan
  • Petrosea - Indonesia
  • Vale Mozambique
  • Parliament of New Zealand
  • bp singapore
  • PetroVietnam Power Coal Import and Supply Company
  • KPCL - India
  • Credit Suisse - India
  • VISA Power Limited - India
  • Coaltrans Conferences
  • Bangkok Bank PCL
  • GNFC Limited - India
  • Meenaskhi Energy Private Limited - India
  • SGS (Thailand) Limited
  • Krishnapatnam Port Company Ltd. - India
  • CESC Limited - India
  • Permata Bank - Indonesia
  • Kobe Steel Ltd - Japan
  • Madhucon Powers Ltd - India
  • ASAPP Information Group - India
  • PLN Batubara - Indonesia
  • Idemitsu - Japan
  • Standard Chartered Bank - UAE
  • Energy Link Ltd, New Zealand
  • Jatenergy - Australia
  • PetroVietnam
  • Coal India Limited
  • Barclays Capital - USA
  • Sucofindo - Indonesia
  • Wilmar Investment Holdings
  • Siam City Cement PLC, Thailand
  • San Jose City I Power Corp, Philippines
  • Indika Energy - Indonesia
  • Africa Commodities Group - South Africa
  • Gujarat Mineral Development Corp Ltd - India
  • Intertek Mineral Services - Indonesia
  • Wood Mackenzie - Singapore
  • SRK Consulting
  • Straits Asia Resources Limited - Singapore
  • Indian Energy Exchange, India
  • Heidelberg Cement - Germany
  • Australian Coal Association
  • TNB Fuel Sdn Bhd - Malaysia
  • European Bulk Services B.V. - Netherlands
  • Indogreen Group - Indonesia
  • Ministry of Mines - Canada
  • NALCO India
  • Maheswari Brothers Coal Limited - India
  • TeaM Sual Corporation - Philippines
  • Kartika Selabumi Mining - Indonesia
  • Ind-Barath Power Infra Limited - India
  • IOL Indonesia
  • Riau Bara Harum - Indonesia
  • Coeclerici Indonesia
  • Thermax Limited - India
  • SMC Global Power, Philippines
  • Sarangani Energy Corporation, Philippines
  • UBS Singapore
  • HSBC - Hong Kong
  • Salva Resources Pvt Ltd - India
  • BRS Brokers - Singapore
  • Metalloyd Limited - United Kingdom
  • TNPL - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mitsubishi Corporation
  • Geoservices-GeoAssay Lab
  • Miang Besar Coal Terminal - Indonesia
  • CoalTek, United States
  • Indian School of Mines
  • Kapuas Tunggal Persada - Indonesia
  • Cemex - Philippines
  • Mechel - Russia
  • Alfred C Toepfer International GmbH - Germany
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Antam Resourcindo - Indonesia
  • Vitol - Bahrain
  • Indonesian Coal Mining Association
  • New Zealand Coal & Carbon
  • Bhatia International Limited - India
  • SMG Consultants - Indonesia
  • Russian Coal LLC
  • EMO - The Netherlands
  • Thomson Reuters GRC
  • Economic Council, Georgia
  • Inspectorate - India
  • Chamber of Mines of South Africa
  • TANGEDCO India
  • Panama Canal Authority
  • Oldendorff Carriers - Singapore
  • Central Java Power - Indonesia
  • Electricity Generating Authority of Thailand
  • Directorate Of Revenue Intelligence - India
  • Platou - Singapore
  • TRAFIGURA, South Korea
  • MEC Coal - Indonesia
  • Pinang Coal Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Xstrata Coal
  • Sojitz Corporation - Japan
  • Arutmin Indonesia
  • Electricity Authority, New Zealand
  • SASOL - South Africa
  • Argus Media - Singapore
  • Tata Power - India
  • Ministry of Transport, Egypt
  • Karbindo Abesyapradhi - Indoneisa
  • Petron Corporation, Philippines
  • Fearnleys - India
  • TGV SRAAC LIMITED, India
  • Asia Cement - Taiwan
  • Bukit Asam (Persero) Tbk - Indonesia
  • Vizag Seaport Private Limited - India
  • Semirara Mining Corp, Philippines
  • Essar Steel Hazira Ltd - India
  • Independent Power Producers Association of India
  • Gresik Semen - Indonesia
  • PLN - Indonesia
  • Japan Coal Energy Center
  • GMR Energy Limited - India
  • Altura Mining Limited, Indonesia
  • Ministry of Finance - Indonesia
  • Reliance Power - India
  • Meralco Power Generation, Philippines
  • Britmindo - Indonesia
  • Kobexindo Tractors - Indoneisa
  • The State Trading Corporation of India Ltd
  • Gujarat Electricity Regulatory Commission - India
  • Siam City Cement - Thailand
  • UOB Asia (HK) Ltd
  • Maruti Cements - India
  • Bukit Baiduri Energy - Indonesia
  • Inco-Indonesia
  • Marubeni Corporation - India
  • Core Mineral Indonesia
  • Coal and Oil Company - UAE
  • Global Business Power Corporation, Philippines
  • Edison Trading Spa - Italy
  • World Bank
  • Sree Jayajothi Cements Limited - India
  • McConnell Dowell - Australia
  • Rio Tinto Coal - Australia
  • Jaiprakash Power Ventures ltd
  • Jorong Barutama Greston.PT - Indonesia
  • Bhoruka Overseas - Indonesia
  • Therma Luzon, Inc, Philippines
  • Bank of China, Malaysia
  • Bharathi Cement Corporation - India
  • Jindal Steel & Power Ltd - India
  • GHCL Limited - India
  • OPG Power Generation Pvt Ltd - India
  • South Luzon Thermal Energy Corporation
  • Bulk Trading Sa - Switzerland
  • Maersk Broker
  • OCBC - Singapore
  • Cargill India Pvt Ltd
  • Tata Chemicals Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Cebu Energy, Philippines
  • IEA Clean Coal Centre - UK
  • Malabar Cements Ltd - India
  • Lafarge - France
  • NTPC Limited - India
  • Savvy Resources Ltd - HongKong
  • Coastal Gujarat Power Limited - India
  • Interocean Group of Companies - India
  • Simpson Spence & Young - Indonesia
  • Carbofer General Trading SA - India
  • JPMorgan - India
  • SN Aboitiz Power Inc, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Enel Italy
  • Merrill Lynch Bank
  • Aditya Birla Group - India
  • White Energy Company Limited
  • globalCOAL - UK
  • Arch Coal - USA
  • London Commodity Brokers - England
  • Semirara Mining and Power Corporation, Philippines
  • Orica Mining Services - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Ince & co LLP
  • ANZ Bank - Australia
  • Maharashtra Electricity Regulatory Commission - India
  • Iligan Light & Power Inc, Philippines
  • Port Waratah Coal Services - Australia
  • Maybank - Singapore
  • Thriveni
  • Lanco Infratech Ltd - India
  • Cardiff University - UK
  • Humpuss - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Eastern Coal Council - USA
  • SUEK AG - Indonesia
  • Moodys - Singapore
  • Price Waterhouse Coopers - Russia
  • EIA - United States
  • Adaro Indonesia