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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
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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 ...
Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- PTC India Limited - India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
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