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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$88.2 million net income.
Source: Insider Stories
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Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...
Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...
Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...
Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...
Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...
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- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- White Energy Company Limited
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Minerals Council of Australia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
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