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
Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT


Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales volume and lower production costs.

Bayan director for corporate affairs and corporate secretary Jenny Quantero said on Thursday that gross profit would reach Rp 1.75 trillion (US$171.5 million) this year from Rp 939.5 billion.

"This is mostly because of an increase in production volume and a drop in production costs," she said.She said the company had signed contracts to deliver 10 million tons of coal for clients in Korea, Japan, Taiwan, Malaysia and India this year as opposed to only 5.9 million tons sold last year.

Therefore, the company's revenue would increase by 32.6 percent to Rp 6.5 trillion this year.

She added the drop in production costs, estimated to reach between $50 and $55 a ton this year, lower than $71 in the fourth quarter last year on the back of lower oil prices, would contribute to the rise in revenue

Bayan president director Chin Wai Fong said the company would start producing briquettes from its new upgraded coal plant at a rate of 300,000 tons this year.

"The volume has been included in the sales volume target for this year," Fong said.

He said that the new plant would be the first one in Indonesia, explaining that the technology would enable the company to process low-grade coal to make it more valuable. The $68-million plant would start operations in the third quarter of this year.

Source: The Jakarta Post (http://www.thejakartapost.com/news/2009/06/25/bayan-targets-gross-profit-rise-862-percent.html)



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

Recent News

Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...


Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...


Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think. But power major NTPC Ltd is finding that this year’s coal is not yie ...


Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...


Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...


   1329 1330 1331 1332 1333   
Showing 6651 to 6655 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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