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, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...


Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...


Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...


Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard  reported that, India is expected to import nearly 60 million tonnes of thermal coal this year. After coking coal and iron ...


Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...


   1175 1176 1177 1178 1179   
Showing 5881 to 5885 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 ...

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