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Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the project. Initial shipment will come at Q2 201, says Realm Resources Ltd.
Realm focus is on platinum group metals ( PGM) in South Africa as well as bulk commodities abroad. In addition, the Company has an aluminium dross treatment plant located in Pietermaritzburg, South Africa.
The project has the potential to transform Realm into a thermal coal producer within the next 12 months in a nation that has an established coal industry and ideally located to export to the high demand Southeast Asian markets, Realm said in its sttement posted company's website.
Realm announced on 12 April 2011 that it has secured an exclusive option to acquire all of the issued capital in Kalres, a company incorporated in the Cayman Islands for an aggregate consideration of US$ 29.6 million and the issue of 15 million performance rights. Kalres is a party to a Master Agreement with PT SMAA, under which Kalres can acquire up to a 75% interest in an Indonesian coal company, PTKR, which holds the Katingan Ria concession (Katingan Ria Project).
The Katingan Ria Project covers 5,053 hectares under Mining Business Permit for Exploration (IUP Exploration) No. 274 and is located in Central Kalimantan within the Katingan Hulu district, approximately 175km North West of the regional capital of Palangkaraya. Approximately 30- 45 km haulage logging roads will be used to haul the coal from the project site to the Katingan River. The barge to port route is approximately 420km on river to the coast.
A conceptual plan for a 3Mtpa open pit project with capital expenditure estimated at about US$41 million (100%) and operating costs in the order of US $40/t FOB (on mother vessel) are envisaged for Katingan. This includes overheads, mining and haulage, crushing, barge transport and transhipping operations, the statment further said.
A marketing agency agreement has been established with Coeclerici Asia (Pte) Ltd (“ CCA” ) with Realm’s coal to be marketed as midium CV, low sulphur, sub bituminous coal will be marketed as a Katingan product.
There is potential for first shipments as early as early next year.
Katingan product would be sold primarily into the power generation markets in India, China and domestically within Indonesia.
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Tuesday, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same ...
Monday, 25 July 11
INDONESIA STATE ELECTRICITY COMPANY HAS BURNED 19 MMT OF COAL FOR FIRST HALF OF 2011
COALspot.com - Indonesia's State Electricity Company and other IPPs have burned 19 million tons of coal for first half of this year said,Pamudji Nu ...
Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is targeting to pro ...
Sunday, 24 July 11
AN INDIAN PORT SETS A WORLD RECORD FOR CONVENTIONAL COAL DISCHARGE
COALspot.com - Krishnapatnam Port has set a World record for discharging 106,171 tons of steam coal in just 24 hrs using the conventional unloading sy ...
Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...
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- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
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