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, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...


Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000  Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...


Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy The market remained variable. Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...


Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...


Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...


   944 945 946 947 948   
Showing 4726 to 4730 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 ...

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