Skip to main content

Banpu reports improved 3Q16 results

Published by
World Coal,

Thai coal company, Banpu, has announced revenue of US$544 million from its coal mining business in 3Q16 on coal sales of 10.7 million t. Coal sales accounted for 93% of Banpu’s quarterly revenue.

The companies Indonesian coal mines sold 7.08 million t in the quarter, raising US$360 million in revenue – a 25% increase on the previous quarter. The average selling price of its Indonesian coal was US$51.35 per tonne, a quarter-on-quarter increase of 11%.

Meanwhile, Banpu’s Australian mines sold 3.62 million t with revenue of US$184 million, up f31% from the 2Q16 figure of US$140 million. Average selling price of Banpu’s Australian mines was AU$67 per tonne, an increase of 8% on the previous quarter.

Banpu’s power business made a net profit of US$4.66 million on power sales of US$42 million.

Read the article online at:

You might also like

Kabel Schlepp

WEBINAR - Key criteria to ensure proper selection of a cable drag chain

In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »


Embed article link: (copy the HTML code below):