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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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Saturday, 17 March 12
THE FREIGHT RATES FOR INDONESIA TO INDIA REMAINED FIRM - VISTAAR SINGAPORE
COALspot.com - The market continued to be firm and all segments were up except for Cape Index which was down by 2.46 pct closing at 1,466 points.
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Saturday, 17 March 12
INDIAN GOVT FINALIZES DRAFT BILL FOR COAL REGULATOR - PTI
The coal sector would soon get a regulator as the government has finalised a draft bill for the purpose, Coal Minister Sriprakash Jaiswal said Wedne ...
Friday, 16 March 12
THE PACIFIC MARKET IS FIRMING UP - FEARNLEYS AS
Handy
A slightly positive trend was seen last week in the Atlantic. Skaw-Passero deliveries fixed around USD 3k to US Gulf, while US Gulf deliveres ...
Thursday, 15 March 12
RAINS AVERAGE SELLING PRICE OF COAL WENT UP BY 22 % IN 2011
COALspot.com - PT. Resource Alam Indonesia Tbk, an Indonesian CCoW (3rd Generation) holder reported Wednesday a 171 percent increase in net profits ...
Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES
Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back ...
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- Thiess Contractors Indonesia
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- Vedanta Resources Plc - India
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- Independent Power Producers Association of India
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- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
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- Wood Mackenzie - Singapore
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- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
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- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Australian Coal Association
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
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- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
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- Kartika Selabumi Mining - Indonesia
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- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
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