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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.
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Friday, 08 June 12
MINISTER DENIES COAL EXPORT TAX PLAN, ENDORSES RESTRICTIONS - THE JAKARTA POST
The Jakarta post, one of the leading english news paper in Indonesia reported that, Energy and Mineral Resources Minister Jero Wacik has denied that ...
Friday, 08 June 12
NO IMMEDIATE IMPACT ON ADARO'S RATING FROM BEP TRANSACTION - FITCH RATINGS
Fitch Ratings has said that PT Adaro Indonesia's (Adaro, 'BB+'/ Stable) ratings are not immediately affected by its parent PT Adaro Energy Tbk's ...
Thursday, 07 June 12
DRY BULK MARKET FALLS FOR 10 STRAIGHT SESSION ON OVERSUPPLY PROBLEMS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A resurgence of oversupply, coupled with national holidays in various parts of the world has contributed to yet another fall of the dry bulk market ...
Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST
Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post ...
Thursday, 07 June 12
BY 2022 PLN IS EXPECTED TO BURN AROUND 125 MILLION TONS OF COAL
COALspot.com - Indonesia's state owned electricity company's (PLN) coal consumption is expected to reach 125.7 million tons by 2012.
Nur Pamudj ...
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- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Australian Coal Association
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
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