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

Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx  reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...


Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...


Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer  reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...


Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...


Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...


   1143 1144 1145 1146 1147   
Showing 5721 to 5725 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 ...

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