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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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Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quot ...
Sunday, 15 April 12
THE SPOT FIXTURE RATES FOR SUPRAMAX IN SE ASIA SAW SOME SOFTENING OF CHARTER RATES - VISTAAR
COALspot.com - The market seem to be holding and except for Supramax and handy size index all other index was up with BDI up by 4.74 pct closing at ...
Friday, 13 April 12
MINERS OPPOSE GOVTS EXPORT TAX PLAN - THE JAKARTA POST
The Jakarta Post reported that, Indonesian mining companies have strongly protested the government’s plan to impose a 25 percent export tax on ...
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor& ...
Thursday, 12 April 12
FIRST QUARTER OF 2012 SAW AN ADDITIONAL 24.2 MILLION DWT OF DRY BULK CARRIERS ENTERING THE FLEET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The inflow of newbuilt dry bulk vessels was larger than expected in the first quarter of 2012. As much as 24.2 million DWT were added to the fleet. ...
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- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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