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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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Wednesday, 17 August 11
BUMI'S H1 UNDERLYING OPERATING PROFIT $62 MILLION
COALspot.com - Bumi PLC , posted underlying first-half operating profit of $62 million and production at PT Bumi Resources and PT Berau increased to ...
Wednesday, 17 August 11
SHIP OWNERS COULD FACE PAIN ON THE BACK OF GLOOMY ECONOMYS PREDICTIONS - HELLENIC SHIPPING
The latest market turmoil, coupled with the renewed risk of a global recession could very well signal more troubled times for ship owners of all shi ...
Tuesday, 16 August 11
CHALLENGER ENTERED INTO CSPA WITH PELANGI KERTANEGARA TO ACQUIRE 100% STAKE
COALspot.com - Challenger Deep Resources Corp., through its wholly owned subsidiary, P.T. Bestindo Energy, has exercised its option to purchase an a ...
Monday, 15 August 11
ADARO ENERGYS NET INCOME MORE THAN DOUBLES IN FIRST HALF 2011
COALspot.com - Indonesian’s second largest coal producer, Adaro Energy, booked net profit US$ 268 million in the first half 2011, rose two-fol ...
Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
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- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- GMR Energy Limited - India
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- White Energy Company Limited
- PTC India Limited - India
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Coal and Oil Company - UAE
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