COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND


* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah

Reuters reported that, Indonesia's largest coal producer by market value PT Adaro Energy Tbk posted a 131.6 percent increase in its third quarter net profit, based on Reuters calculations, amid increasing coal demand for both exports and domestic use.

Adaro, which has a market capitalisation of $5.14 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for more than 70 percent of its sales. The firm had said that the demand for its coal strengthened at the end of June and expected the trend to continue until the end of the year with increasing sales to Asian customers.

Adaro posted a 58.9 percent increase of coal exports and 55.7 percent increase of domestic coal sales in the July-September period. Its net profit grew 131.6 percent to 1.27 trillion rupiah from 546.5 billion rupiah a year ago, while the revenue jumped 56.8 percent to 7.12 trillion rupiah.

The figures were based on Reuters calculations from the nine-months and first-half earnings published by the company. Adaro aims to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and to raise production to 80 million tonnes per year in the next five years. With higher sales volume, Adaro has forecast double-digit growth in revenue and net profit this year. Shares in Adaro closed at 1,540 rupiah on Friday
.($1 = 9,540 rupiah)
Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...


Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...


Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
  Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...


Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...


Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...


   1126 1127 1128 1129 1130   
Showing 5636 to 5640 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Arch Coal - USA
  • AsiaOL BioFuels Corp., Philippines
  • Coaltrans Conferences
  • TeaM Sual Corporation - Philippines
  • Semirara Mining and Power Corporation, Philippines
  • Coal India Limited
  • Kideco Jaya Agung - Indonesia
  • NALCO India
  • Maybank - Singapore
  • Commonwealth Bank - Australia
  • Billiton Holdings Pty Ltd - Australia
  • Vedanta Resources Plc - India
  • BRS Brokers - Singapore
  • Eastern Coal Council - USA
  • GMR Energy Limited - India
  • GAC Shipping (India) Pvt Ltd
  • EIA - United States
  • Arutmin Indonesia
  • Siam City Cement PLC, Thailand
  • Grasim Industreis Ltd - India
  • Samsung - South Korea
  • Sarangani Energy Corporation, Philippines
  • Romanian Commodities Exchange
  • Noble Europe Ltd - UK
  • Videocon Industries ltd - India
  • Tata Power - India
  • Central Java Power - Indonesia
  • Makarim & Taira - Indonesia
  • Georgia Ports Authority, United States
  • Trasteel International SA, Italy
  • Singapore Mercantile Exchange
  • Sojitz Corporation - Japan
  • Cosco
  • Renaissance Capital - South Africa
  • Adani Power Ltd - India
  • Essar Steel Hazira Ltd - India
  • Tanito Harum - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Salva Resources Pvt Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • Ceylon Electricity Board - Sri Lanka
  • Therma Luzon, Inc, Philippines
  • Thai Mozambique Logistica
  • Larsen & Toubro Limited - India
  • Coalindo Energy - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • GNFC Limited - India
  • Cebu Energy, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • PowerSource Philippines DevCo
  • Indian School of Mines
  • Eastern Energy - Thailand
  • IBC Asia (S) Pte Ltd
  • PNOC Exploration Corporation - Philippines
  • Bayan Resources Tbk. - Indonesia
  • Bulk Trading Sa - Switzerland
  • Leighton Contractors Pty Ltd - Australia
  • Madhucon Powers Ltd - India
  • KPMG - USA
  • PLN - Indonesia
  • Energy Development Corp, Philippines
  • Xindia Steels Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Holcim Trading Pte Ltd - Singapore
  • Global Coal Blending Company Limited - Australia
  • VISA Power Limited - India
  • Karaikal Port Pvt Ltd - India
  • Energy Link Ltd, New Zealand
  • Ind-Barath Power Infra Limited - India
  • Australian Coal Association
  • Sical Logistics Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Kumho Petrochemical, South Korea
  • ING Bank NV - Singapore
  • NTPC Limited - India
  • Bukit Makmur.PT - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • World Bank
  • Ambuja Cements Ltd - India
  • MS Steel International - UAE
  • Krishnapatnam Port Company Ltd. - India
  • Port Waratah Coal Services - Australia
  • Directorate Of Revenue Intelligence - India
  • Britmindo - Indonesia
  • Rio Tinto Coal - Australia
  • Mercuria Energy - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Japan Coal Energy Center
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Central Electricity Authority - India
  • Marubeni Corporation - India
  • Antam Resourcindo - Indonesia
  • IEA Clean Coal Centre - UK
  • CCIC - Indonesia
  • Mjunction Services Limited - India
  • Mitra SK Pvt Ltd - India
  • KEPCO - South Korea
  • Merrill Lynch Commodities Europe
  • Cemex - Philippines
  • Coastal Gujarat Power Limited - India
  • Star Paper Mills Limited - India
  • Geoservices-GeoAssay Lab
  • Ministry of Transport, Egypt
  • U S Energy Resources
  • Heidelberg Cement - Germany
  • Semirara Mining Corp, Philippines
  • SMG Consultants - Indonesia
  • Bank of America
  • Global Business Power Corporation, Philippines
  • Riau Bara Harum - Indonesia
  • Rudhra Energy - India
  • SRK Consulting
  • Mercator Lines Limited - India
  • UBS Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Deutsche Bank - India
  • The University of Queensland
  • IMC Shipping - Singapore
  • GVK Power & Infra Limited - India
  • New Zealand Coal & Carbon
  • IOL Indonesia
  • Thiess Contractors Indonesia
  • White Energy Company Limited
  • Platou - Singapore
  • Mitsui
  • Wood Mackenzie - Singapore
  • DBS Bank - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Uttam Galva Steels Limited - India
  • Reliance Power - India
  • World Coal - UK
  • Indonesia Power. PT
  • Bharathi Cement Corporation - India
  • Indian Oil Corporation Limited
  • Kapuas Tunggal Persada - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Idemitsu - Japan
  • Adaro Indonesia
  • Malabar Cements Ltd - India
  • Sucofindo - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Kobexindo Tractors - Indoneisa
  • Orica Australia Pty. Ltd.
  • Africa Commodities Group - South Africa
  • Siam City Cement - Thailand
  • Maruti Cements - India
  • TNB Fuel Sdn Bhd - Malaysia
  • ANZ Bank - Australia
  • Cement Manufacturers Association - India
  • Xstrata Coal
  • SASOL - South Africa
  • Qatrana Cement - Jordan
  • EMO - The Netherlands
  • Chamber of Mines of South Africa
  • Ince & co LLP
  • South Luzon Thermal Energy Corporation
  • globalCOAL - UK
  • Interocean Group of Companies - India
  • Baramulti Group, Indonesia
  • SGS (Thailand) Limited
  • Planning Commission, India
  • SUEK AG - Indonesia
  • Savvy Resources Ltd - HongKong
  • Neyveli Lignite Corporation Ltd, - India
  • Jatenergy - Australia
  • KOWEPO - South Korea
  • ASAPP Information Group - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • TGV SRAAC LIMITED, India
  • International Coal Ventures Pvt Ltd - India
  • Goldman Sachs - Singapore
  • CESC Limited - India
  • Petron Corporation, Philippines
  • Inspectorate - India
  • Mintek Dendrill Indonesia
  • Standard Chartered Bank - UAE
  • San Jose City I Power Corp, Philippines
  • Permata Bank - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • KPCL - India
  • Aboitiz Power Corporation - Philippines
  • McKinsey & Co - India
  • Anglo American - United Kingdom
  • Rashtriya Ispat Nigam Limited - India
  • Parry Sugars Refinery, India
  • Bahari Cakrawala Sebuku - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Shenhua Group - China
  • JPMorgan - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Platts
  • Meralco Power Generation, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Peabody Energy - USA
  • UOB Asia (HK) Ltd
  • Jaiprakash Power Ventures ltd
  • Economic Council, Georgia
  • CoalTek, United States
  • Miang Besar Coal Terminal - Indonesia
  • Minerals Council of Australia
  • Bhatia International Limited - India
  • The Treasury - Australian Government
  • CIMB Investment Bank - Malaysia
  • Australian Commodity Traders Exchange
  • Ernst & Young Pvt. Ltd.
  • GHCL Limited - India
  • ETA - Dubai
  • Kaltim Prima Coal - Indonesia
  • Toyota Tsusho Corporation, Japan
  • PetroVietnam
  • The India Cements Ltd
  • Kepco SPC Power Corporation, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Fearnleys - India
  • Enel Italy
  • Edison Trading Spa - Italy
  • Moodys - Singapore
  • Electricity Authority, New Zealand
  • Cardiff University - UK
  • Inco-Indonesia
  • Gujarat Sidhee Cement - India
  • Lanco Infratech Ltd - India
  • Latin American Coal - Colombia
  • Tata Chemicals Ltd - India
  • Thermax Limited - India
  • Bank of China, Malaysia
  • London Commodity Brokers - England
  • Maheswari Brothers Coal Limited - India
  • Borneo Indobara - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Jindal Steel & Power Ltd - India
  • Altura Mining Limited, Indonesia
  • Indogreen Group - Indonesia
  • Lafarge - France
  • bp singapore
  • PLN Batubara - Indonesia
  • Russian Coal LLC
  • IHS Mccloskey Coal Group - USA
  • Globalindo Alam Lestari - Indonesia
  • Electricity Generating Authority of Thailand
  • TANGEDCO India
  • Ministry of Mines - Canada
  • European Bulk Services B.V. - Netherlands
  • Indonesian Coal Mining Association
  • Meenaskhi Energy Private Limited - India
  • Bangkok Bank PCL
  • LBH Netherlands Bv - Netherlands
  • RBS Sempra - UK
  • Sakthi Sugars Limited - India
  • SMC Global Power, Philippines
  • Maersk Broker
  • Vale Mozambique
  • Independent Power Producers Association of India
  • Price Waterhouse Coopers - Russia
  • Aditya Birla Group - India
  • Freeport Indonesia
  • BNP Paribas - Singapore
  • APGENCO India
  • SN Aboitiz Power Inc, Philippines
  • Surastha Cement
  • Bhoruka Overseas - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Cargill India Pvt Ltd
  • Berau Coal - Indonesia
  • Manunggal Multi Energi - Indonesia
  • ICICI Bank Limited - India
  • Coeclerici Indonesia
  • Bangladesh Power Developement Board
  • Medco Energi Mining Internasional
  • Credit Suisse - India
  • GN Power Mariveles Coal Plant, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • Simpson Spence & Young - Indonesia
  • Attock Cement Pakistan Limited
  • Karbindo Abesyapradhi - Indoneisa
  • Metalloyd Limited - United Kingdom
  • Vizag Seaport Private Limited - India
  • Asian Development Bank
  • Malco - India
  • Mechel - Russia
  • Gresik Semen - Indonesia
  • Runge Indonesia
  • Indorama - Singapore
  • Core Mineral Indonesia
  • Posco Energy - South Korea
  • Pipit Mutiara Jaya. PT, Indonesia
  • Coal Orbis AG
  • Iligan Light & Power Inc, Philippines
  • McConnell Dowell - Australia
  • Glencore India Pvt. Ltd
  • OPG Power Generation Pvt Ltd - India
  • Indian Energy Exchange, India
  • TRAFIGURA, South Korea
  • Orica Mining Services - Indonesia
  • Carbofer General Trading SA - India
  • Infraline Energy - India
  • Gupta Coal India Ltd
  • Sindya Power Generating Company Private Ltd
  • Straits Asia Resources Limited - Singapore
  • JPower - Japan
  • Indo Tambangraya Megah - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • TNPL - India
  • MEC Coal - Indonesia
  • Pinang Coal Indonesia
  • Indika Energy - Indonesia
  • J M Baxi & Co - India
  • Formosa Plastics Group - Taiwan
  • Argus Media - Singapore
  • Power Finance Corporation Ltd., India
  • Asia Cement - Taiwan
  • Thriveni
  • ACC Limited - India
  • The State Trading Corporation of India Ltd
  • Mitsubishi Corporation
  • Deloitte Consulting - India
  • Thomson Reuters GRC
  • Petrochimia International Co. Ltd.- Taiwan
  • Wilmar Investment Holdings
  • Agrawal Coal Company - India
  • Petrosea - Indonesia
  • PTC India Limited - India
  • HSBC - Hong Kong
  • Samtan Co., Ltd - South Korea
  • OCBC - Singapore
  • Panama Canal Authority
  • Oldendorff Carriers - Singapore
  • Banpu Public Company Limited - Thailand
  • Barclays Capital - USA
  • WorleyParsons
  • Kohat Cement Company Ltd. - Pakistan
  • Clarksons - UK
  • Parliament of New Zealand
  • Ministry of Finance - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • India Bulls Power Limited - India
  • Dalmia Cement Bharat India
  • Intertek Mineral Services - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Shree Cement - India
  • Binh Thuan Hamico - Vietnam
  • Total Coal South Africa
  • CNBM International Corporation - China
  • Vitol - Bahrain
  • Tamil Nadu electricity Board
  • Humpuss - Indonesia
  • Barasentosa Lestari - Indonesia
  • Coal and Oil Company - UAE
  • Thailand Anthracite
  • GB Group - China
  • Kobe Steel Ltd - Japan
  • Bhushan Steel Limited - India
  • Merrill Lynch Bank