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Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
 Coal miner Bukit Asam announced 50 percent profit growth to Rp 2.58 trillion (US$177.33 million) in the first half of 2018, on the back of a coal-price increase and improved efficiency.
The company booked Rp 10.53 trillion revenue in the first half, 17 percent higher than the figure in the same period last year, while its sales increased 8 percent to 12.22 million ton.
“The price increased by 9 percent to 838,288 per ton on average,” said Bukit Asam corporate secretary Suherman in Jakarta on Monday as reported by kontan.co.id.
He said the company managed to press cost of revenue by 9 percent to Rp 6.1 trillion, while production volume increased by 19 percent, compared to the figure in the corresponding period of 2017, which was recorded at 11.36 million ton.
Suherman acknowledged that the domestic market obligation (DMO), which was decided at US$70 per ton, had affected the company’s revenue. Under the DMO scheme, the coal miner is required to sell 25 percent of its products to the local market, particularly to fuel power plants.
Bukit Asam aims this year to sell 25.88 million tons of coal, 53 percent of which to the domestic market, while the other 47 percent of the commodity will be exported.
However, not all coal produced by Bukit Asam for the domestic market is sold based on the DMO price because after fulfilling the DMO quota, the company sells the remaining coal to other miners unable to fulfill their DMO quota of 25 percent of production. The coal is sold according to market price.
Source: The Jakarta Post
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Friday, 18 May 18
INDONESIA'S SAMARINDA ANCHORAGE COAL LOADING ACTIVITIES WERE RESUMED YESTERDAY AT 4PM LOCAL TIME
Samarinda Anchorage coal loading activities were resumed yesterday at 4PM local time.
Local fishermen in Samarinda Anchorage have been demonst ...
Wednesday, 16 May 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Half-way through the second quarter of the year and as the Posidonia week approaches everyone is getting ready for this unique gathering that besid ...
Thursday, 10 May 18
PRIVATE POWER PRODUCERS NEED A 'POWERFUL PUSH' - PRADEEP MITTAL
- PLF of the Private Sector in the country (Coal and Lignite based) for FY 2017-18 (till Dec 2017) is 56%.
- 51 GW of stressed assets (Thermal &a ...
Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indones ...
Monday, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...
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- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- PTC India Limited - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
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