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
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH


* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions


Indonesian state-owned coal miner Bukit Asam saw 2009 net profit up around 50 percent and expects double digit revenue growth this year, president director Sukrisno said on Wednesday.

Mining firms in Indonesia, the world's largest exporter of thermal coal, are expected to benefit from improving external demand as the global economy recovers this year. "Unaudited net profit is estimated to have increased by 50 percent in 2009 from 1.7 trillion rupiah in 2008," Sukrisno told reporters. "We expect double digit revenue growth in 2010," he said.

Sukrisno also said the firm, Indonesia's third-largest listed coal miner by market value, saw opportunities for overseas acquisitions. Sukrisno told Reuters in an interview on Dec. 22 last year that the company expected its 2009 revenue to hit 9 trillion rupiah, compared to 7.2 trillion rupiah in 2008, as coal prices rose.

Indonesia's coal mining association told Reuters in January that coal prices have been rising too fast but will likely ease from April when weather becomes drier.

He also said shipments to China from Indonesia will climb this year. Bukit Asam exports about 30 percent of its output to Japan and Malaysia on long-term contracts, but also to South Korea, China and India on a spot basis.
Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...


Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...


Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...


Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...


Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders * End-users wait for price falls before tendering Indian coal traders responsible for the bulk of ...


   1201 1202 1203 1204 1205   
Showing 6011 to 6015 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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