We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insider Stories.
Insider Stories further said, the achievement was amid to significant growth on operating income by 1,272.26% due to the surging coking coal price and bigger production volume in 2010.
Borneo Energi successfully booked IDR348.85 billion net profit from IDR99.78 billion net loss in 2009.
In line with the advancing net profit, Borneo operating income skyrocket 2,012.04% to IDR1.01 trillion from IDR49.32 billion. Their operating margin rose 36.73% from 24.59%. Gross profit surged 1,526.25% to IDR1.50 trillion from IDR92.34 billion. Operating income increased 1,272.26% to IDR2.75 trillion from IDR200.52 billion. The revenue is in line with the target set some time ago.
This realization is beyond CIMB Securities estimation in which Borneo was predicted to book IDR2.56 trillion revenue in 2010. However, it is smaller that IDR2.96 trillion as predicted by Morgan Stanley Securities.
For 2010, Borneo is estimated to record 1.65 million tons sales volume with average selling price at US$185 per ton.
Based on latest research by Mandiri Sekuritas, Borneo Energi is projecting coking coal average selling price at US$240-US$275 per ton in Q I/2011.
Borneo seals 3 years exclusive marketing agreements with Glencore for 2 million tons per year with 4.5% fee. In 2011, Borneo plans to enlarge production to 3.8 million tons where 2 million tons has contracted with a buyer from China.
About 99% of Borneo Lumbung Energy shares owned by PT Republik Energi Metal where 99% of its shares is under controlled of PT Republik Komoditi management.
Source: Insider Strories
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 03 June 11
DRY BULK MARKETS RESURGENCE APPEARS TO BE LOSING SOME STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s seems to be losing some steam, despite reports of growing Chinese demand for commodities, especially coal, on the back o ...
Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy
The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...
Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...
Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...
Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...
|
|
|
Showing 5241 to 5245 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Planning Commission, India
- Central Electricity Authority - India
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
|
| |
| |
|