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Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
 PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up 3.46 million tons compared to the same period last year. Based on the United Tractors operational report for the April period, the company sold 1.57 million tons in April 2020, up from the previous month's 1.3 million tons, Dunia Energi reported.
As quoted by Dunia Eneri, Frans Kusuma, President Director of United Tractors, said demand for high-calorie coal is expected to remain stable in 2020, although prices have not yet improved. "The best strategy in conditions of price uncertainty is to be cost efficient in all operational lines," Frans was quoted as saying in the United Tractors annual report.
Coking coal mining will be one of the company's leading portfolios in the future. Continued working to increase market share through marketing strategies and increasing production capacity, said Frans, the media said.
Dunia Energi further noted that, In 2019, Tuah Turangga posted revenue of IDR 10.7 trillion, up 6% compared to the previous year of IDR 10 trillion. The revenue was obtained from the sale of 8.5 million tons of coal, up 21% compared to 2018 of 7 million tons. Of the total coal sales, coking coal accounts for around 14%.
To become a global coal trader, Tuah Turangga formed a strategic partnership by establishing a joint venture company with Itochu, Cipta Coal Trading Pte, Ltd. for coking coal sales in 2018. In 2019, the company formed a partnership with Sumitomo to form AEGIS Energy Trading Pte.Ltd for sales of thermal coal for the export market said Dunia Energi.
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Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
Tuesday, 09 June 20
INDIA: COAL IMPORT DROPS BY 20% TO NEARLY 19 MILLION TONNES IN MAY, SAYS REPORT - HINDUSTAN TIMES
The country’s coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.
The government ...
Monday, 08 June 20
WOOD MACKENZIE: THE INDISPENSABLE OPEC+
Rumours of “the death of OPEC” have been circulating for almost as long as the organisation has existed. Just three years after the car ...
Monday, 08 June 20
CHINA'S COAL IMPORTS FALL NEARLY 20% IN MAY EVEN AS DEMAND RISES - REUTERS
China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, custo ...
Monday, 08 June 20
JUNE 2020 INDONESIAN COAL PRICE REFERENCE HIT US$ 52.98 A TON, ITS LOWEST LEVEL SINCE AT LEAST AUGUST 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
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- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
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