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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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Thursday, 21 July 11
DRY BULK RATES EDGE FURTHER DOWN ON WEAK MARKET SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell once again on Wednesday marking the ninth straight day of losses. The industry’s benchmark, the Baltic Dry Index (BDI ...
Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
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- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
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