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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, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...
Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds ...
Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...
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- Planning Commission, India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
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- SMC Global Power, Philippines
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- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Australian Coal Association
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Economic Council, Georgia
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Minerals Council of Australia
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- MS Steel International - UAE
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
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