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

Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...


Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies. N ...


Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...


Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...


Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks. The BDI softened ...


   1150 1151 1152 1153 1154   
Showing 5756 to 5760 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 ...

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