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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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Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...
Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...
Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...
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- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Marubeni Corporation - India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
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