COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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 reviewed, as quoted by Insider Stories.

The acquisition, said Bukit Asam CEO Sukrisno, is expected to complete in the second or third quarter of this year. These two coal mines are expected to start production by 2012 with capacity of 1 million tons-2.5 million tons.

Besides the acquisition, Bukit Asam and its consortia has passed the qualification for tender of four power plants.

Bukit Asam has tied up Chinese Hua Tian for the power plant project with capacity of 2x600 MW in South Sulawesi, 2x300 MW in South Sumatra in partnership with subsidiary of PT United Tractors Tbk.

Bukit Asam will bankroll the project with internally generated cash flow which reached Rp 5 trillion (approximately US$ 583.771 million).

The company expects to reach net profit of above Rp 3 trillion (approximately US$ 350.262 million) in 2011 from Rp 2 trillion (approxiamtely US$ 233.508 million) last year because of higher sales volume and prices.

Sales volume is expected to increase 31% to 16.9 million tons of coal in 2011 from 12 million tons last year. The revenue is estimated to rise 46.34% to Rp12 trillion (approximately US$ 1.401 billion) from Rp 8.2 trillion (approxiamtely US$ 957.384 million).

"We estimate our 2011's average selling prices of US$ 80 per ton from $ 61.5 ton," He said.

The company provides capital expenditure of Rp1.8 trillion (approximately US$ 210.157) to support this target will finance from generated internally cash.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

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 ...


Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...


   1055 1056 1057 1058 1059   
Showing 5281 to 5285 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Idemitsu - Japan
  • Independent Power Producers Association of India
  • Mitra SK Pvt Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Sakthi Sugars Limited - India
  • Maruti Cements - India
  • Maersk Broker
  • ASAPP Information Group - India
  • Argus Media - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Geoservices-GeoAssay Lab
  • Peabody Energy - USA
  • World Coal - UK
  • Humpuss - Indonesia
  • Xstrata Coal
  • Adaro Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Vedanta Resources Plc - India
  • International Coal Ventures Pvt Ltd - India
  • Wood Mackenzie - Singapore
  • Trasteel International SA, Italy
  • Panama Canal Authority
  • GAC Shipping (India) Pvt Ltd
  • World Bank
  • Ministry of Transport, Egypt
  • EIA - United States
  • Bhushan Steel Limited - India
  • Sucofindo - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Jaiprakash Power Ventures ltd
  • Gujarat Sidhee Cement - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Uttam Galva Steels Limited - India
  • Indonesian Coal Mining Association
  • Ministry of Finance - Indonesia
  • SRK Consulting
  • SMC Global Power, Philippines
  • San Jose City I Power Corp, Philippines
  • Savvy Resources Ltd - HongKong
  • Vale Mozambique
  • Mercuria Energy - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Metalloyd Limited - United Kingdom
  • Directorate Of Revenue Intelligence - India
  • Ernst & Young Pvt. Ltd.
  • Planning Commission, India
  • Essar Steel Hazira Ltd - India
  • Antam Resourcindo - Indonesia
  • Surastha Cement
  • Electricity Authority, New Zealand
  • PLN Batubara - Indonesia
  • Siam City Cement PLC, Thailand
  • Bayan Resources Tbk. - Indonesia
  • Freeport Indonesia
  • KEPCO - South Korea
  • Chettinad Cement Corporation Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Kaltim Prima Coal - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Coal India Limited
  • LBH Netherlands Bv - Netherlands
  • IBC Asia (S) Pte Ltd
  • Cosco
  • IMC Shipping - Singapore
  • Maheswari Brothers Coal Limited - India
  • Australian Commodity Traders Exchange
  • Asmin Koalindo Tuhup - Indonesia
  • Coalindo Energy - Indonesia
  • TANGEDCO India
  • KOWEPO - South Korea
  • Kobe Steel Ltd - Japan
  • Kapuas Tunggal Persada - Indonesia
  • Tata Power - India
  • Cargill India Pvt Ltd
  • Sree Jayajothi Cements Limited - India
  • SGS (Thailand) Limited
  • Marubeni Corporation - India
  • Japan Coal Energy Center
  • Energy Development Corp, Philippines
  • Glencore India Pvt. Ltd
  • Latin American Coal - Colombia
  • Inco-Indonesia
  • TGV SRAAC LIMITED, India
  • TeaM Sual Corporation - Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Tamil Nadu electricity Board
  • Gresik Semen - Indonesia
  • IEA Clean Coal Centre - UK
  • Enel Italy
  • Indian Oil Corporation Limited
  • European Bulk Services B.V. - Netherlands
  • MS Steel International - UAE
  • IOL Indonesia
  • SMG Consultants - Indonesia
  • Indorama - Singapore
  • Chamber of Mines of South Africa
  • Malco - India
  • Asia Cement - Taiwan
  • Tanito Harum - Indonesia
  • Eastern Coal Council - USA
  • Petrosea - Indonesia
  • Price Waterhouse Coopers - Russia
  • JPower - Japan
  • Samtan Co., Ltd - South Korea
  • DBS Bank - Singapore
  • Bangladesh Power Developement Board
  • Meenaskhi Energy Private Limited - India
  • Vitol - Bahrain
  • Minerals Council of Australia
  • Total Coal South Africa
  • Leighton Contractors Pty Ltd - Australia
  • Pendopo Energi Batubara - Indonesia
  • Credit Suisse - India
  • Arch Coal - USA
  • Malabar Cements Ltd - India
  • Eastern Energy - Thailand
  • PNOC Exploration Corporation - Philippines
  • ETA - Dubai
  • SN Aboitiz Power Inc, Philippines
  • Maybank - Singapore
  • Manunggal Multi Energi - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • White Energy Company Limited
  • Binh Thuan Hamico - Vietnam
  • Cardiff University - UK
  • Romanian Commodities Exchange
  • Aditya Birla Group - India
  • Kepco SPC Power Corporation, Philippines
  • GVK Power & Infra Limited - India
  • Orica Australia Pty. Ltd.
  • Indian Energy Exchange, India
  • Tata Chemicals Ltd - India
  • Shenhua Group - China
  • Petron Corporation, Philippines
  • Indo Tambangraya Megah - Indonesia
  • Merrill Lynch Commodities Europe
  • Economic Council, Georgia
  • APGENCO India
  • Thailand Anthracite
  • NTPC Limited - India
  • Baramulti Group, Indonesia
  • Cebu Energy, Philippines
  • OCBC - Singapore
  • Bukit Makmur.PT - Indonesia
  • Riau Bara Harum - Indonesia
  • Anglo American - United Kingdom
  • Commonwealth Bank - Australia
  • Britmindo - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Rashtriya Ispat Nigam Limited - India
  • Electricity Generating Authority of Thailand
  • TRAFIGURA, South Korea
  • Pinang Coal Indonesia
  • Power Finance Corporation Ltd., India
  • KPMG - USA
  • Renaissance Capital - South Africa
  • Platts
  • Infraline Energy - India
  • Parliament of New Zealand
  • New Zealand Coal & Carbon
  • Sindya Power Generating Company Private Ltd
  • Medco Energi Mining Internasional
  • Merrill Lynch Bank
  • Intertek Mineral Services - Indonesia
  • ANZ Bank - Australia
  • Semirara Mining and Power Corporation, Philippines
  • The State Trading Corporation of India Ltd
  • CNBM International Corporation - China
  • Globalindo Alam Lestari - Indonesia
  • India Bulls Power Limited - India
  • Meralco Power Generation, Philippines
  • Indika Energy - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Karaikal Port Pvt Ltd - India
  • Coal and Oil Company - UAE
  • Formosa Plastics Group - Taiwan
  • Aboitiz Power Corporation - Philippines
  • Wilmar Investment Holdings
  • Ministry of Mines - Canada
  • TNPL - India
  • Alfred C Toepfer International GmbH - Germany
  • Noble Europe Ltd - UK
  • Bank of America
  • Mitsui
  • Siam City Cement - Thailand
  • Deloitte Consulting - India
  • globalCOAL - UK
  • Qatrana Cement - Jordan
  • bp singapore
  • Heidelberg Cement - Germany
  • Mitsubishi Corporation
  • Core Mineral Indonesia
  • Mjunction Services Limited - India
  • Indian School of Mines
  • Indogreen Group - Indonesia
  • Bangkok Bank PCL
  • Adani Power Ltd - India
  • Iligan Light & Power Inc, Philippines
  • Dalmia Cement Bharat India
  • Banpu Public Company Limited - Thailand
  • Russian Coal LLC
  • Petrochimia International Co. Ltd.- Taiwan
  • Orica Mining Services - Indonesia
  • PowerSource Philippines DevCo
  • Coastal Gujarat Power Limited - India
  • UOB Asia (HK) Ltd
  • The India Cements Ltd
  • Shree Cement - India
  • Jatenergy - Australia
  • GNFC Limited - India
  • Arutmin Indonesia
  • JPMorgan - India
  • WorleyParsons
  • Clarksons - UK
  • Ind-Barath Power Infra Limited - India
  • HSBC - Hong Kong
  • Cigading International Bulk Terminal - Indonesia
  • Lanco Infratech Ltd - India
  • CESC Limited - India
  • Cemex - Philippines
  • Fearnleys - India
  • Neyveli Lignite Corporation Ltd, - India
  • Semirara Mining Corp, Philippines
  • Moodys - Singapore
  • Kobexindo Tractors - Indoneisa
  • Grasim Industreis Ltd - India
  • Berau Coal - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Standard Chartered Bank - UAE
  • Kumho Petrochemical, South Korea
  • SUEK AG - Indonesia
  • ICICI Bank Limited - India
  • Jindal Steel & Power Ltd - India
  • Runge Indonesia
  • Mercator Lines Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Goldman Sachs - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Gupta Coal India Ltd
  • Central Java Power - Indonesia
  • Thomson Reuters GRC
  • The Treasury - Australian Government
  • Mintek Dendrill Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Global Business Power Corporation, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Xindia Steels Limited - India
  • PTC India Limited - India
  • Parry Sugars Refinery, India
  • Mechel - Russia
  • Makarim & Taira - Indonesia
  • VISA Power Limited - India
  • Borneo Indobara - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Thai Mozambique Logistica
  • Kartika Selabumi Mining - Indonesia
  • Carbofer General Trading SA - India
  • Thriveni
  • Simpson Spence & Young - Indonesia
  • Bhoruka Overseas - Indonesia
  • J M Baxi & Co - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Ince & co LLP
  • Asian Development Bank
  • Singapore Mercantile Exchange
  • Thermax Limited - India
  • Star Paper Mills Limited - India
  • Africa Commodities Group - South Africa
  • The University of Queensland
  • ACC Limited - India
  • Ambuja Cements Ltd - India
  • GHCL Limited - India
  • Interocean Group of Companies - India
  • KPCL - India
  • Barclays Capital - USA
  • SASOL - South Africa
  • Jorong Barutama Greston.PT - Indonesia
  • Altura Mining Limited, Indonesia
  • Edison Trading Spa - Italy
  • PetroVietnam
  • CoalTek, United States
  • Maharashtra Electricity Regulatory Commission - India
  • PetroVietnam Power Coal Import and Supply Company
  • Billiton Holdings Pty Ltd - Australia
  • GN Power Mariveles Coal Plant, Philippines
  • Rio Tinto Coal - Australia
  • Gujarat Electricity Regulatory Commission - India
  • NALCO India
  • Larsen & Toubro Limited - India
  • GMR Energy Limited - India
  • U S Energy Resources
  • Lafarge - France
  • BRS Brokers - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Rudhra Energy - India
  • Agrawal Coal Company - India
  • RBS Sempra - UK
  • Samsung - South Korea
  • Kalimantan Lumbung Energi - Indonesia
  • Thiess Contractors Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Oldendorff Carriers - Singapore
  • UBS Singapore
  • Platou - Singapore
  • Port Waratah Coal Services - Australia
  • Vizag Seaport Private Limited - India
  • Australian Coal Association
  • Coeclerici Indonesia
  • GB Group - China
  • McKinsey & Co - India
  • MEC Coal - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sojitz Corporation - Japan
  • Straits Asia Resources Limited - Singapore
  • Sical Logistics Limited - India
  • Georgia Ports Authority, United States
  • Therma Luzon, Inc, Philippines
  • CCIC - Indonesia
  • Bulk Trading Sa - Switzerland
  • Coal Orbis AG
  • Bukit Baiduri Energy - Indonesia
  • CIMB Investment Bank - Malaysia
  • Bank of China, Malaysia
  • IHS Mccloskey Coal Group - USA
  • Reliance Power - India
  • Attock Cement Pakistan Limited
  • Permata Bank - Indonesia
  • PLN - Indonesia
  • Central Electricity Authority - India
  • Coaltrans Conferences
  • Energy Link Ltd, New Zealand
  • Indonesia Power. PT
  • Bhatia International Limited - India
  • EMO - The Netherlands
  • ING Bank NV - Singapore
  • Inspectorate - India
  • Cement Manufacturers Association - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Madhucon Powers Ltd - India
  • London Commodity Brokers - England
  • Videocon Industries ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • McConnell Dowell - Australia
  • South Luzon Thermal Energy Corporation
  • Deutsche Bank - India
  • Salva Resources Pvt Ltd - India
  • Kideco Jaya Agung - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Posco Energy - South Korea
  • Directorate General of MIneral and Coal - Indonesia
  • Barasentosa Lestari - Indonesia
  • BNP Paribas - Singapore
  • Bharathi Cement Corporation - India