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

Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...


Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...


Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...


Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify. ANZ senior commodities analyst Mark Pervan has increased h ...


Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...


   1218 1219 1220 1221 1222   
Showing 6096 to 6100 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 ...

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