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Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an official at the firm said on Tuesday.
"We still believe in double-digit growth for both," said operating director Ah Hoo Chia, when asked about the outlook for revenue and net profit for 2009.
Adaro, which has a market capitalisation of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.
The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.
San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.
The firm reported a ten-fold increase in net profit last year to 887.2 billion rupiah ($85.63 million) while revenue rose 56 percent to 18.09 trillion rupiah despite a global economic downturn that has led to a sharp drop in commodity prices.
It also turned to a first-quarter net profit of 1.145 trillion rupiah this year from a 12 billion rupiah loss a year earlier, thanks to higher average achieved selling prices of Envirocoal.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK46414020090512
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Friday, 08 May 09
INDONESIAN STATE AUDIT BOARD COULD ONLY REACHED A SMALL NUMBER OF KP AND PKP2B - MAJALAHTAMBANG
THE LACK of personnel and the very limited time period have been the reasons why the 2nd semester of the special purpose audit for coal mining ...
Friday, 08 May 09
B.C.'S MINING INDUSTRY HIGH COAL PRICES TO RECORD 2008 PROFITS - PAGUNTAKA
AGGREGATE pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey.
B.C.’s minin ...
Thursday, 07 May 09
ASIA COAL-PRICES EASE TO NEAR $63 ON DEMAND CONCERNS - REUTERS
AUSTRALIAN thermal coal prices, a benchmark for Asia, edged lower to around $63 a tonne on concerns over demand, after hitting a two-week high of $6 ...
Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine mo ...
Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
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- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Minerals Council of Australia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
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