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Friday, 24 March 17
ADARO INDONESIA'S COAL SALES VOLUME INCREASED SLIGHTLY TO 54.1 MILLION TONES IN 2016
 COALspot.com: PT. Adaro Indonesia, Indonesia’s second largest coal miner’s sales volume increased slightly to 54.1 million tones (Mt) in 2016. However, the company's average selling price of the coal was declined 8% compared to the same period in 2015.
According to the company’s audited consolidated financial statements for the full year of 2016, the company has booked US$2.524 billion of revenue in 2016, a 6% decline from the same period in 2015.
The company’s coal production in FY16, including 0.2 Mt from Adaro MetCoal (AMC), totaled 52.6 Mt. This was still within company’s 2016 production guidance of 52-54 Mt, the report says.
The financial statement further noted that, the company’s cost of revenue decreased 14% to US$1.839 billion due to a lower strip ratio, continuous efforts to boost efficiency, and a lower than the expected fuel price.
Due to the lower revenue, the royalties to the Government of Indonesia that accounted for 14% of the total cost of revenue in FY16 fell 6% to US$259 million, the company said in its latest financial statement.
The company’s core earnings rose 35% to US$398 million, reflecting the strength of company’s after-tax earnings derived from the solid core business of the company. The consolidated financial statement further noted that, the company’s core earnings excluded among others US$91 million amortization of mining properties, US$197 million gain on acquisition, US$110 million impairment of goodwill, and US$24 million impairment of mining properties.
According to company’s financial statement, the total assets of the company have increased by 9% to US$ 6.522 billion and current assets increased by 46% to US$ 1.593 billion, mainly due to a higher cash balance and trade receivables. Non-current assets have increased by 1% to US$ 4.930 billion.
Adaro Energy’s guidance for 2017:
- Production: 52 million tonnes to 54 million tones
- Blended strip ratio: 4.85x
- Operational EBITDA: US$900 million to US$1.1 billion
- Capex: US$200 million to US$250 million
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Thursday, 30 March 17
WHERE AN AGREEMENT FAILS TO DELIVER - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
Watson Farley & Williams acted for MRI Trading AG in a leading case on ‘agreements to agree’ that was fin ...
Thursday, 30 March 17
PANAMAX : ACTIVITY IN THE PANAMAX MARKET HAS INCREASED SUBSTANTIALLY IN BOTH HEMISPHERES - FEARNLEYS
Supramax
This week we were looking at prolonged activity from ECSA, mostly with grain cargoes to Far East and SE Asia, where Ultras to SE Asia fi ...
Thursday, 30 March 17
THE ROLE OF COAL IN THE ENERGY SUPPLY OF THE EU-28: HANS-WILHELM SCHIFFER
The European Union (EU-28) is one of the largest economies in the world, with a gross domestic product (GDP) of €14,635 billion in 2015. It ha ...
Wednesday, 29 March 17
MARKET INSIGHT - NASOS SOULAKIS
Shipowners will always look for market signals in order to gauge market perception and decide upon which strategy to follow next. And while owners ...
Monday, 27 March 17
THE FREIGHT MARKET CONTINUED TO FIRM WEEK OVER WEEK
COALspot.com: The Freight market was continuing to firming up.
The Baltic Exchange, tracking rates for ships carrying dry bulk commodities ros ...
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Showing 2086 to 2090 news of total 6871 |
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- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Australian Coal Association
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Planning Commission, India
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- The Treasury - Australian Government
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
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