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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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Friday, 10 March 17
THE 5TH PHILIPPINES POWER AND ELECTRICITY WEEK RETURNS WITH A UNIQUE FOCUS IN 2017
5th Annual Philippines Power & Electricity
18-21 July 2017
Solaire Resort & Casino,Manila, Philippines
http://www.philippinespowe ...
Thursday, 09 March 17
INDONESIAN COAL BENCHMARK PRICE DROPPED FOR A THIRD STRAIGHT MONTH IN MARCH, GOVERNMENT DATA SHOWED
COALspot.com: Indonesian government declared coal benchmark price dropped for a fourth straight month in March, government data showed. The ...
Wednesday, 08 March 17
THE FREIGHT MARKET TODAY PROVIDES MUCH MORE CONFIDENCE COMPARED TO LAST YEAR - TIMOS PAPADIMITRIOU
So what's all the fuss about? During the past five months SnP activity has being surging exponentially in the dry bulk sector. Buyers are looki ...
Monday, 06 March 17
THE FREIGHT MARKET WAS CONTINUING TO FIRM UP THIS PAST WEEK
COALspot.com: The Freight market was continuing to firm up this past week.
The Baltic Exchange, tracking rates for ships carrying dry bulk com ...
Friday, 03 March 17
U.S. WEEKLY COAL PRODUCTION ESTIMATED AT 15.7 MMST; DECLINE 6.7% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
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- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- PTC India Limited - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Australian Coal Association
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
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