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

Thursday, 03 December 09
COAL INDIA IPO LIKELY TO HIT MARKETS BY NOVEMBER 2010
Soon investors will get to own a slice of India's largest coal mining company. Coal India its initial public offering will hit markets in November ...


Thursday, 03 December 09
PROLONGED COAL MARGIN SQUEEZE AHEAD - WESCOAL
Mining Weekly reported that, Coal junior Wescoal foresees a continued margin squeeze ahead. The JSE AltX-listed company's gross margin was reduced ...


Tuesday, 01 December 09
COAL DEMAND REBOUNDING FROM DOWNTURN - U.S. MINING EXECS
The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power ...


Tuesday, 01 December 09
INDONESIA COAL OUTPUT SEEN LIFTED BY CHINA, INDIA
Reuters reported that, Indonesia's coal output is expected to grow by as much as 12 percent in 2010, boosted by demand from power hungry China and ...


Monday, 30 November 09
NTPC SCOUTS FOR MORE COAL BLOCKS IN INDONESIA
State-run National Thermal Power Corporation (NTPC) today said it has identified three more coal blocks in Indonesia for acquisition. "We ha ...


   1241 1242 1243 1244 1245   
Showing 6211 to 6215 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 ...

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