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
Sunday, 18 March 12
BUKIT ASAM'S NET PROFIT IN 2011 ROSE 54% TO US$ 339.56 MILLION


COALspot.com - Company revenue for the period January - December 2011 amounting to Rp 10.6 trillion (approximately US$ 1,164,835,164.84) recorded an increase of 34% compared with the same period of the previous year to Rp 7.9 trillion (approximately US$ 868,131,868.13 ). Increased revenues for the year 2011 was strongly influenced by the increase in sales volume, increase in export prices and domestic as well as the efficiency of the company operations, according to the companies press release issued early this month.

Sales volume of Bukit Asam in 2011 has rose 4%, from 13 million tons in 2010 to 13.5 million tons in 2011. Domestic market sales volume also rose 4% to 8.8 million tons and export market remained at 4.7 million tons. Meanwhile, the composition of coal sales for the period January to December 2011 consists of 65% for domestic market and 35% export market, the report further said.

Selling price of the weighted average for the domestic market for the period January to December 2011 was at Rp 755,220 (approximately US$ 82.99) - per ton, up 23% compared with the weighted average selling price in the same period in 2010 which was at  Rp 612,366 ( approximately US$ 67.29 ) - per ton .

Weighted average selling price for export market for the period January to December 2011 was at USD 101.04 per ton, compared with the weighted average selling price for the same period of the previous year of USD 67.50 per ton.

Company's coal production for the period January - December 2011 has increased to 12.95 million tons (including the subsidiary of IPC production in Kalimantan) or an increase of 4% in 2010 compared to 12.5 million tons over the last year.

PT. Bukit Asam also upgrading Port of Tarahan to handle 25 million tons per annum by 2013. By adding two RCD (Rotary Car Dumper), a ship loader and a new jetty which is capable to accommodate the Cape size vessels (150,000 DWT), the port  is expected to handle 25 million ton of coal per annum. The existing port facilities can handle only Panamax vessel.

The Tarahan port upgrading is expected to be completed by 2013.



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

Recent News

Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...


Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...


Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...


Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...


Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...


   936 937 938 939 940   
Showing 4686 to 4690 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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