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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 2011, as quoted by Insider Stories.
Insider Stories further said, the company's net profit has reached to Rp 760.92 billion (approximately US$ 88.764 Million) or Rp 330 (US$ 0.038)per share in 1Q 2011 compared to Rp 365.70 billion (approximately US$ 42.711 million) or Rp162 (US$ 0.0189) per share in 1Q 2010.
Bukit Asam’s operating profit has increased to Rp 944.64 billion (approximately US$ 110.329 million) or surging of 123 percent from Rp 422.92 billion (approximately US$ 49.395 million).
Gross profit increased 75.94 percent to Rp1.24 trillion (approximately US$ 144.825 million) from Rp 706.75 billion (approximately US$ 82.544 million). The company has posted Rp 2.32 trillion (approximately US$ 270.964 million) in sales, a 30 percent up from Rp1.78 trillion (approximately US$ 270.964 million) because of the higher selling price of coal both in the local and export markets, as quoted by Insider Stories.
Bukit Asam's average selling price (ASP) increased 35 percent to Rp 751,457 (approximately US$ 87.76) per ton compared to the same period a year earlier.
Coal output
The miner has produced 3 million tons a 16 percent increase, while coal sales have decreased 4 percent to 3.1 million tons as sales volume fell.
The company expects to increase coal sales to 16.8 million tons in 2011. Bukit Asam also plans to boost coal output at its IPC mine in East Kalimantan.
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Wednesday, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
Monday, 23 May 11
BRMS IS TO START PRODUCTION FROM DAIRI PRIMA MINERALS
COALspot.com - The Presidential Decree No. 28 Year 2011 that allows conditional underground mining in the protected forest areas was issued on 19th ...
Sunday, 22 May 11
INDONESIA - INDIA IS LIKELY TO BE STEADY NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market remained soft beginning of the week, however second half of the week was firm with BDI up by 3.29 pct and closed a ...
Saturday, 21 May 11
OWNERS PREFER TO DO INDO COAL OR NICKEL ORE TO CHINA RATHER THAN GOING TO INDIA - FEARNBULK
Handy
The Atlantic is marked by volatility and very positional, nevertheless USG,NCSA, Cont remain strong thanks to the petcoke, grains and scrap ...
Friday, 20 May 11
GOVT TOLD TO LIMIT COAL, GAS EXPORTS - THE JAKARTA POST
The Jakarta Post, a leading news paper in Indonesia, reported that, Amid soaring global oil prices, the government should limit exports of coal and ...
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- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Minerals Council of Australia
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
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