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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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Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
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- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- The University of Queensland
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
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