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

Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...


Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...


Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...


Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...


Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...


   958 959 960 961 962   
Showing 4796 to 4800 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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