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, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...


Wednesday, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...


Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...


Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...


Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...


   1236 1237 1238 1239 1240   
Showing 6186 to 6190 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 ...

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