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Wednesday, 21 October 15
INDONESIAN COAL MINER BUKIT ASAM POSTS POSITIVE PERFORMANCE DURING FIRST THREE QUARTERS OF 2015
 COALspot.com: Indonesian publicly listed and state controlled coal miner PT. Bukit Asam has announced that, the company’s coal sales up 8 per cent during first three quarters of 2015 to 14.35 million tons compared to 13.24 million tons for the same period in 2014.
The company's total export volume rose 5 percent in the first nine months of this year compared to the same period in 2014. According to company's unaudited consolidated financial report per 30 September, the company shipped 6.88 million tons coal during first three quarters of 2015 to overseas market compared to 6.56 million tons of coal for the same period last year.
The company's unaudited report further said that, during the first nine months of 2015, the company has delivered 52 per cent of 14.35 million tons of coal or around 7.46 million tons to domestic market and remaining of 6.88 million tons of coal (48%) shipped to overseas. The company’s domestic coal sales have increased by around 12 per cent, while the export volume increased by around 5% year on year.
According to the company, the world coal prices have fallen around 15% during January to September 2015. However, the company's performance was not affected by falling world coal price as the weighted average selling prices company’s coal during January to September has fallen only around 2 per cent year on year.
PTBA's first nine months' revenue has also increased by 9 percent to RP. 10.50 Trillion or approximately US$ 770,365,050 compared to the same period last year
According to the company, the increase of the coal demand (Y-Y) for export markets as well as for domestic market has helped to increase company’s revenue during January - September 2015. The weighted average selling price during January - September 2015 has fallen only around 2 per cent to RP. 712,099 per ton compared to RP. 728,079 per ton for the same period in 2014.
The company also says that, the net profit of the company has recorded at Rp.1.5 trillion (approximately US$ 109,318,350) as of the end of September (for three quarters) which is slightly lower compared to Rp.1.58 trillion (approximately US$ 115,148,662) recorded for the same period in 2014.The company further noted that, the company’s Q-Q net profit increased significantly since Q1. According to unaudited report, the company’s Q3 net profit has increased 57 per cent to Rp.0.71 trillion, compared to the company’s Q2 net profit of RP. 0.45 trillion.
During this challenging business environment, PTBA able to keep their positive performance for first three quarters of this year.
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Tuesday, 08 September 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO SHOW DECLINING TREND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month.
The 4Q swap was down US$ ...
Tuesday, 08 September 15
GANGAVARAM PORT IN INDIA DISCHARGES RECORD 112,599 MT OF STEAM COAL IN 24 HOURS
COALspot.com: Gangavaram Port, an all weather, multipurpose port with water depth up-to 21 meters, capable of handling fully laden Super Cap ...
Monday, 07 September 15
THE MINE OF THE FUTURE WILL HAVE ONLY TWO EMPLOYEES, A MAN AND A DOG - SCOTT MCGOWAN
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Scott Mcgowan, Director, Global ...
Monday, 07 September 15
FOB NEWCASTLE COAL SWAP FOR Q2' 16 DELIVERY CLOSED US CENTS 25 LOWER COMPARED TO Q4' 15
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery declined $0.73 per MT (-1.68%) month over month to US$ 42.65 per mt. The sw ...
Monday, 07 September 15
CFR SOUTH CHINA COAL SWAPS ROSE 1.1 PER CENT WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.52 (3 %) per MT month over month.
A commodity sw ...
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Showing 2826 to 2830 news of total 6871 |
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- Orica Mining Services - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- London Commodity Brokers - England
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- Directorate General of MIneral and Coal - Indonesia
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- Singapore Mercantile Exchange
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- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
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- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
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- Thai Mozambique Logistica
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
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- Indonesian Coal Mining Association
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Australian Coal Association
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- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
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- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
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- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Cement Manufacturers Association - India
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- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
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- Planning Commission, India
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- Karaikal Port Pvt Ltd - India
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- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
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- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
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- Altura Mining Limited, Indonesia
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- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
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- Sindya Power Generating Company Private Ltd
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