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Saturday, 23 April 11
STRAITS ASIA SETS 11.5 MIO TONS OUTPUT - INSIDER STORIES
Insider Stories reported that, Singapore-listed Straits Asia Resources Limited plans to jack up its coal output target of 8.5% to 11.5 million tons in 2011 from 10.5 million tons last year.
Straits Asia CEO Martin Purvis, in his presentation material, said in line with the higher output target, average selling price (ASP) has been set at US$80-US$85 per ton, a 16.76% increase from US$72.8 per ton last year.
However, capital expenditure is estimates to lower 18.58% to US$92 million this year from US$113 million last year as quoted by Insider Stories
In the first quarter of this year, Straits Asia, with its two mine sites dubbed Jembayan and Sebuku in Kalimantan, produced 2.8 million tons of coal with the ASP of US$82.2 per ton. In return, the company booked 1Q's net profit of US$41.4 million.
In 2010, the company, which is 45.39% owned by Thai company PTT Asia Pacific Mining Pty Ltd, booked US$736.5 million revenue, US$139.3 million operating profit, and US$88.2 million net income.
Source: Insider Stories
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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- PTC India Limited - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Australian Coal Association
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- The University of Queensland
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
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