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
Wednesday, 15 August 12
UT GENERATED RP 3.09 TRILLION NET INCOME


COALspot.com - As of June 2012 Indonesia’s heavy equipment market grew 14%, from 8,448 units to 9,618 units (based on UT’s internal market research).

All sectors showed positive growth except for the mining sector. The slowdown in mining sector was the result of downward trend of coal price and implementation of mineral (non-coal) export taxes. The condition is further exacerbated by  increasing competition as the impact of slowdown demand in China that drove reallocation of heavy equipment supply to other countries, including  Indonesia market.  This is reflected in Komatsu sales volume which was down to 4,231 units or 2% below the volume in first half 2011, PT United Tractor Tbk said in its Investor Bulletin.

UT further said in its report, on the Mining Contracting business, commitment to precise execution of mining contracting services drove Pama to deliver 12% increase in coal production and 13% growth in overburden removal. On coal mining business, the Company increased the coal sales volume by 38% from 2.21 million tons to 3.05 million tons.

UT’s performance during first semester 2012 recorded 19% increase in consolidated revenue, from Rp 25.62 trillion (approximately US$ 2,694,570,000) in the first half of 2011 to Rp 30.61 trillion (approximately US$ 3,219,390,000). To this total net revenue, Construction Machinery contributed 46.6%, Mining Contracting contributed 41.9%, whereas the remaining 11.5% contribution was from Mining business unit.

The growth of net revenue was accompanied by growth of consolidated gross profit of 25%, reaching Rp 5.53 trillion (approximately US$ 581,615,000) from Rp 4.44 trillion (approximately $ 466,975,000). This rise is primarily obtained from  increased gross profit contribution from Construction Machinery and Mining Contracting segment, while gross profit from Mining business was decreased due to lowered average selling price of coal. Overall, combined with some additional other expenses and income tax, caused the Company’s net profit to reach Rp 3.09 trillion (approximately US$ 324,989,000), or 22% above first half 2011’s profit of  Rp 2.54 trillion
(approximately US$ 267,143,000).



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 06 November 12
NOVEMBER 2012 HBA $35.21 LOWER THAN A YEAR AGO
COALspot.com -  The Indonesian government’s declared coal reference price for November’ 12 has lost US$ 4.60 per MT  M-o-M. ...


Sunday, 04 November 12
SUB-BIT INDONESIA COAL SWAPS FOR DECEMBER' 12 DELIVERY FALLS TO $ 59.78
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery fell -1.02 percent on WoW but gained 0.08 percent on D-D on Friday, 2 ...


Saturday, 03 November 12
THE SUPRAMAX FREIGHT EXPECTED TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - This week the market remained soft with all the sectors soft. The BDI and was down by 6 pct closing at 986 points. The cape index ...


Saturday, 03 November 12
DEMOLITION IS THE KEY FOR DRY BULK SHIPPING'S RECOVERY SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With the number of new building deliveries so far in 2012 already having surpassed the total of 2011, it's more than clear that the dry bulk sector ...


Thursday, 01 November 12
INDONESIA HAS REVISED DOWN ITS 2012 DOMESTIC MARKET OBLIGATION REQUIREMENT FOR COAL
COALspot.com - Minister of Energy and Mineral Resources of Indonesia has revised down its 2012 domestic market obligation requirement due to lower d ...


   902 903 904 905 906   
Showing 4516 to 4520 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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