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Thursday, 26 April 12
BUKIT ASAMS 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ( approximately US$ 328,976,034) compared to 1Q, 2011 revenue of 2.3 trillion (approximately US$ 250,544,662). According to company, the increased in revenue is due to higher selling price and higher sales volume.
According to company's press release, the weighted average selling price for the domestic market in 1Q, 2012, amounting to Rp. 742,872 (approximately US$ 80.92) per ton an increase of 0.4% compared to the same period last year. Meantime, the weighted average selling price for export market was jumped 8% to US$ 94.50 per ton compared to same period of last year. Weighted average selling price was at US$ 87.70 per ton in 1Q, 2011.
During 1Q, 2012, Bukit Asam has sold 3.9 million tons of coal or increase of 26%, compared to same period last year. The company's exports volume has increased by 75% and domestic sales increased by 4%. PTBA has exported 1.7 million tons of coal during 1Q of this year and sold 2.2 million tons of coal to domestic market during the same period.
Company's operating profit margin has increased by 6% to Rp. 1 trillion (approximately US$ 108,932,461), from Rp. 0.94 trillion (approximately US$ 102,396,514) in 1Q, 2011 and the net profit margin for the period of January - March 2012, rose 14% to Rp. 0.87 trillion (approximately US$ 94,771,241).
PTBA is expected to sell 18.6 million tons of coal in 2012, which is around 37% increase compared to 2011 sales volume of company.
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Friday, 04 May 12
DEMOLITION KEY FOR DRY BULK MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The overflow of newbuilding vessels which “spilled over” into 2012 from 2011 brought the dry bulk market to a near collapse level at the ...
Thursday, 03 May 12
DRY BULK MARKET REMAINS INACTIVE, POSTING MILD DECREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept retreating this week, although at a very low pace, on the back of a lull in demand. The industry's benchmark, th ...
Thursday, 03 May 12
MINERS DEMAND LEGAL CERTAINTY ON PRE-BAN INTERIM POLICY - THE JAKARTA POST
The Jakarta Post reported that, Mining companies represented by the Indonesian Mining Association (IMA) welcomed the government’s plan to impo ...
Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS
Handy - Stable demand in the Atlantic offered good rates for the tonnage.
USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to ...
Wednesday, 02 May 12
CHINA BLACKOUTS HIGHLIGHT PRICING POLICY WEAKNESS - FITCH
Fitch reported that, the likelihood of further electricity blackouts in China this summer underlines Fitch's view of the basic problem f ...
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- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Australian Coal Association
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
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