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, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 ...


Monday, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...


Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...


Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...


Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...


   1242 1243 1244 1245 1246   
Showing 6216 to 6220 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 ...

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