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

Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportat ...


Tuesday, 22 May 12
DRY BULK MARKET STEADY, AWAITING FURTHER RISE IN DEMAND WHICH IS DOUBTFUL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, the second and third quarters of the year are the strongest for the dry bulk market, but this year, things seem to be quite subdued, ...


Sunday, 20 May 12
SPOT FREIGHT RATE DIPS FURTHER - VISTAAR
COALspot.com - The BDI was marginally up by 3 points (0.26 pct) closing at 1,141 points. The cape index was up by 1.17 pct closing at 1,633 point ...


Saturday, 19 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP US$ 2.88 PMT W-O-W
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries have drops this week by 3.86 percent and& ...


Saturday, 19 May 12
INDONESIAN EXPORT TAX GIVES COAL MINERS A CHEAP RIDE: ANALYSTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s policy to exclude coal from an export tax that has been applied to 14 other mineral commodities h ...


   943 944 945 946 947   
Showing 4721 to 4725 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 ...

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