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

Friday, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
 Korea Western Power Company Limited has finalized around 1.2 million tonnes of  Indonesian origin of coal last week. According to  K ...


Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...


Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...


Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...


Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...


   1140 1141 1142 1143 1144   
Showing 5706 to 5710 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 ...

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