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

Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...


Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...


Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...


Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...


Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...


   1224 1225 1226 1227 1228   
Showing 6126 to 6130 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 ...

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