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

Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...


Tuesday, 22 December 09
NEWCASTLE COAL SHIP QUEUE LONGEST IN TWO YEARS AS EXPORTS SLOW
Bloomberg reported that, the queue of coal ships waiting at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, ...


Monday, 21 December 09
INDONESIA HAS EXPORTED AROUND 195.303 MILLION TONS OF COAL TILL END OF NOVEMBER 2009
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in November 2009, by taking 28.69% of  total exported quan ...


Monday, 21 December 09
RUSSIAN COAL MINER SUEK EYES '10 LONDON IPO
* Company valued at around $8-$9 bln - banking source * IPO could take place in H1 - source * May list 25 pct of share capital - report Reuters ...


Monday, 21 December 09
IGCC OUTLOOK CHINA 2010 TO BE HELD IN APRIL 2010 IN SHANGHAI
COALspot.com (China): Press Release -  Aiming at unveiling the growth area of IGCC polygeneration, IGCC Outlook China 2010 is planned to be hel ...


   1229 1230 1231 1232 1233   
Showing 6151 to 6155 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 ...

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