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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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Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...
Monday, 09 May 11
THAILAND COAL IMPORTS SURGE IN Q1 - ICAP SHIPPING
Thailand's coal imports leapt 20% in Q1 and the country looks set to import its largest ever volume in 2011 as quoted by ICAP Shipping web site.
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Monday, 09 May 11
KOSPO SEEKING 65KT STEAMING COAL
COALspot.com - Korea Southern Power Co (KOSPO) issues tender for 65000 Mt of Steaming Coal Supply with a minimum CV of 4,500 kcal/kg on NAR basis. D ...
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 11 ...
Monday, 09 May 11
DIAN SWASTATIKA Q1 PROFIT SOARS 511 PERCENT - INSIDER STORIES
PT Dian Swastatika Sentosa Tbk (DSSA), parent of coal miner PT Golden Energy Mines, reported a 511.73% jump in net profit for the first quarter of t ...
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- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- The University of Queensland
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- White Energy Company Limited
- Australian Coal Association
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Minerals Council of Australia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
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