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, 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)



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

Recent News

Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...


Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...


Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...


Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...


Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI. The BDI closed at 1, ...


   1038 1039 1040 1041 1042   
Showing 5196 to 5200 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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