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

Thursday, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...


Thursday, 29 July 10
BALTIC INDEXES ARE POSITIVE SINCE A FEW DAYS
Handy Baltic indexes are positive since a few days which could mean that markets have bottomed out (as we correctly predicted in our report of las ...


Wednesday, 28 July 10
INDONESIA'S MERUKH SECURES US$200 MLN INVESTMENT FROM SAN MIGUEL
Trading Market Reported that, Indonesian mining company Merukh Enterprises said it has secured an investment commitment of US$200 million from the P ...


Wednesday, 28 July 10
RIZAL RISJAD MAY OWN 10% BERAU ENERGY
Rizal Risjad, son of Indonesian tycoon Ibrahim Risjad, might own 10% stakes in PT Berau Coal Energy Tbk (BRAU), parent company of Indonesia's fifth ...


Wednesday, 28 July 10
UNUSUAL RAINS TO HIT COAL EXPORTS
COALspot.com: Heavy rains in South and East Kalimantan have compelled coal exporters to delay or cancel coal exports. PT Bayan and PT. TIA  hav ...


   1137 1138 1139 1140 1141   
Showing 5691 to 5695 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 ...

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