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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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Tuesday, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...
Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...
Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.
Howeve ...
Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
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- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Planning Commission, India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- The University of Queensland
- Bhatia International Limited - India
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
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