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 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...


Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...


Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...


Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...


Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...


   1227 1228 1229 1230 1231   
Showing 6141 to 6145 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 ...

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