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Friday, 10 June 11
BUKIT ASAM RECORDED RP1.3 TRILLION PROFIT IN MAY - TEMPO INTERACTIVE
Tempo Interactive reported that, PT PT Tambang Batubara Bukit Asam Tbk (PTBA) made a net profit of Rp 1.3 trillion (approx. US$ 152,779,410) at the end of May. As such, the company believes that the net income target of Rp 3 trillion (approx. US$ 352,567,869) through 2011 can be achieved.
Sukrisno, the Bukit Asam CEO, said that this year the company has set the coal production and purchase target at 17.57 million tons, a 23 percent growth compared to last year’s 13.02 million tons.
“The profit came from the Bukit Asam production and from its subsidiary businesses,” he said yesterday, after the shareholders’ meeting.
This year’s production target will be larger than the sales due to the company’s forecast of an increase in exports.
Achmad Sudarto, the Corporate Secretary, added that 1.2 million exports reached 30 percent with Japan as the biggest destination. This year the company will work to increase the sales to Japan by 1.8 million tons.
In order to reach this target, the company will optimize the production of PT International Prima Coal, its subsidiary company, to 0.9 million tons. In addition, the company will boost its trading volume to 1.2 million tons.
To operate more efficiently, Bukit Asam has constructed two units of thermal power plants (PLTU) in Tanjung Enim with a capacity of 3 x 10 megawatts and 2 x 8 megawatts at Tarahan port.
“This year, the Tanjung Enim PLTU will be ready for operation,” he said.
The shareholders meeting has decided to distribute a dividend of Rp 523.12 (approx. US$ 0.0614784 ) per share (1 USD = 8,509.00 IDR).
Source: Tempo Interactive ( Akbar Tri Kurnuawan)
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Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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- SMC Global Power, Philippines
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- The University of Queensland
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
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