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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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Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies a ...
Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...
Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...
Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...
Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy
The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...
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- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
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