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, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...


Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...


Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...


Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters  reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...


Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...


   1176 1177 1178 1179 1180   
Showing 5886 to 5890 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 ...

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