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
Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011


COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, President Director of PT Tambang Coal Bukit Asam Tbk. In addition to higher prices, coal productions of PTBA will also be increased significantly in second half.

“We are targeting to produce 15 million tons of coal by the end of 2011. We have already sold 6.57 million tons of coal in first half of this year, which is 2 percent higher than the same period in 2010. The current coal market  is good ," added Sukrisno.

According to the announcement of the Bukit Asam, the average selling price of Bukit Asam coal for the domestic market in the first half of 2011 was around  to Rp 763,405/ton (US$ 89.9711 ), up 27 percent compared to the same period in 2011.

PTBA’s selling price for the first half of 2010 was only Rp 601,106/ton (US$ 70.8434).

However the first quarter of 2011, the average selling price was at Rp 751,457/ton (US$ 88.5630 ), up 35 percent compared to 1Q of 2010. The average selling price for the export market was also increased 61 percent  to U.S. $ 98.45 / ton, he explained.

The production cost of PTBA has not changed significantly as the Oil prices are currently at stable or flat condition. In additions that, Bukit Asam is not entirely using oil for coal production and about 55 percent of the production or mining activities were done based on electricity power.

Bukit Asam, the state owned coal miner is seeing a good and promising future for  its coal and company.

To contact the reporter to responsible on this story: Efendi at efendi@coalspot.com



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

Recent News

Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...


Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...


Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...


Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...


Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...


   1026 1027 1028 1029 1030   
Showing 5136 to 5140 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 ...

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