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Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco International which owned by Tanri Abeng, a former Indonesia’s state enterprises minister to acuire coal concession in Indonesia.
TKE is being set up to sourcing, exploring, and potentially developing coal projects in Indonesia, according to the statement released by Killara Resources Limited.
Tavesco as part of PT Tason Holdings (Tason) that owned by Tanri Abeng, has presented a number of coal concessions throughout East and South Kalimantan to Killara for review and assessment for potential inclusion within PT TKE.
To know more about Killara’s acquisition plan, COALspot.com interviewed the Chief Executive Officer of Tason Holdings Ridwan Zachrie who is also director of TKE.
COALspot.com: Has Tason found potential coal concessions to be acquired by TKE?
Ridwan Zachrie: Under temporary preliminary survey, the six locations are very potential and promising for a large-scale coal mine development.
COALspot.com: How much is the coal deposit content in those six concessions?
Ridwan Zachrie: The six concessions’ coal deposits content are, based on measured data survey, approximately 32 million metric ton.
COALspot.com: How is the quality of calories?
Ridwan Zachrie: The quality of coal may vary, but the gross caloric value is over 6000 kcal/kg on adb basis.
COALspot.com: what will be the mineable quantity out of the potential 32 million MT reserve?
Ridwan Zachrie: All reserves are almost mineable.
COALspot.com: In what districts are the potential coal concessions are located?
Ridwan Zachrie: Those mines were identify in several locations, but not limited to Kutai Kartanegara, Kutai Barat, and Kutai Timur in east Kalimantan.
COALspot.com: What would be the acquisition value of the six concessions that to be acquired by TKE?
Ridwan Zachrie: The acquisition value is not yet determined. The negotiations with the owners are still underway.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
Translated by WB
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Monday, 22 August 11
NTPC TO IMPORT 16 MILLION TON OF COAL TO BRIDGE THE GAP
COALspot.com - NTPC to import 16 million tons of imported coal, which is equivalent to 23-24 million tons of Indian coal to bridge the gap.
" ...
Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
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- Bangladesh Power Developement Board
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- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
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- Bayan Resources Tbk. - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
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- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
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- Planning Commission, India
- Chamber of Mines of South Africa
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- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
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- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
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- The State Trading Corporation of India Ltd
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- Sojitz Corporation - Japan
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- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
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- Edison Trading Spa - Italy
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- Chettinad Cement Corporation Ltd - India
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- London Commodity Brokers - England
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- The University of Queensland
- Energy Development Corp, Philippines
- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
- MS Steel International - UAE
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- Ministry of Mines - Canada
- Renaissance Capital - South Africa
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- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
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- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
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- Sindya Power Generating Company Private Ltd
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- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
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