COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA


COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stakes of Indonesian coal exploration company, PT Apuah Kutai Langgong (Apuah), from Hj Muhammad Abdullah MH and/or his associates.

According Atech's announcement to Australian Stock Market today, the proposed transaction is subject to various conditions precedent, including ATH completing due diligence investigations in respect of Apuah and Apuah being satisfied with the outcome of those investigations.

Apuah has full exclusive rights to mine and sell thermal coal and acquire coal assets in Indonesia. Apuah is operating and its assets include 5,000 hectares in Tapin, South Kalimantan, and 1,200 ha in Tanah Bumbu, South Kalimantan.

If the proposed transaction proceeds, the proposed transaction will involve a change in the nature and scale of ATH’s current activities and accordingly, ATH will be required to re-comply with chapters 1 and 2 of the ASX listing rules and to obtain approval from ATH shareholders.

As consideration for the sale of the Apuah sale shares, ATH has agreed to issue Hj Muhammad Abdullah MH and/or his nominees 200 million fully paid ordinary shares in the capital of ATH, at an issue price of A$0.20 per share. Apuah has also granted ATH an option to acquire an additional 200 shares in the capital of Apiah for an exercise price of A$ 50m, with an exercise period of 2 years.

ATH has been granted a right to exclusively deal with and conduct due diligence investigations in respect of Apuah for a period of 60 days. This period may be extended for an additional 60 days at ATH’s discretion. ATH has agreed to pay Hj Muhammad Abdullah MH and his associates A$ 500,000 as consideration for being granted this right.

To contact the reporter responsible on this story: Efendi at efendi@coalspot.com



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...


Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/-  5 percent of non-coking imported coal with ...


Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...


Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...


Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...


   1020 1021 1022 1023 1024   
Showing 5106 to 5110 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Adani Power Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Orica Australia Pty. Ltd.
  • Power Finance Corporation Ltd., India
  • Coal India Limited
  • Siam City Cement PLC, Thailand
  • Thermax Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Geoservices-GeoAssay Lab
  • Energy Link Ltd, New Zealand
  • Alfred C Toepfer International GmbH - Germany
  • Singapore Mercantile Exchange
  • Interocean Group of Companies - India
  • Central Java Power - Indonesia
  • Humpuss - Indonesia
  • Bangladesh Power Developement Board
  • Economic Council, Georgia
  • Baramulti Group, Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Therma Luzon, Inc, Philippines
  • Thiess Contractors Indonesia
  • KPCL - India
  • Holcim Trading Pte Ltd - Singapore
  • Ernst & Young Pvt. Ltd.
  • Sree Jayajothi Cements Limited - India
  • Indian School of Mines
  • Lafarge - France
  • TNPL - India
  • IHS Mccloskey Coal Group - USA
  • Dalmia Cement Bharat India
  • Lanco Infratech Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • SGS (Thailand) Limited
  • India Bulls Power Limited - India
  • Straits Asia Resources Limited - Singapore
  • Shree Cement - India
  • Mercuria Energy - Indonesia
  • Adaro Indonesia
  • Mintek Dendrill Indonesia
  • Deutsche Bank - India
  • Coastal Gujarat Power Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • World Bank
  • Indo Tambangraya Megah - Indonesia
  • Maersk Broker
  • SN Aboitiz Power Inc, Philippines
  • Sucofindo - Indonesia
  • SASOL - South Africa
  • Billiton Holdings Pty Ltd - Australia
  • Mitsui
  • Bank of China, Malaysia
  • NTPC Limited - India
  • Platts
  • Parliament of New Zealand
  • Maruti Cements - India
  • Meenaskhi Energy Private Limited - India
  • Rudhra Energy - India
  • Eastern Coal Council - USA
  • Latin American Coal - Colombia
  • Tamil Nadu electricity Board
  • Peabody Energy - USA
  • Uttam Galva Steels Limited - India
  • CCIC - Indonesia
  • SMG Consultants - Indonesia
  • Ministry of Transport, Egypt
  • PTC India Limited - India
  • Sarangani Energy Corporation, Philippines
  • Australian Commodity Traders Exchange
  • Kalimantan Lumbung Energi - Indonesia
  • Posco Energy - South Korea
  • Credit Suisse - India
  • Antam Resourcindo - Indonesia
  • Goldman Sachs - Singapore
  • New Zealand Coal & Carbon
  • Gujarat Sidhee Cement - India
  • Intertek Mineral Services - Indonesia
  • Petrosea - Indonesia
  • Larsen & Toubro Limited - India
  • ING Bank NV - Singapore
  • Kaltim Prima Coal - Indonesia
  • Bhushan Steel Limited - India
  • MS Steel International - UAE
  • Inspectorate - India
  • The India Cements Ltd
  • Core Mineral Indonesia
  • EIA - United States
  • Cebu Energy, Philippines
  • Siam City Cement - Thailand
  • Enel Italy
  • HSBC - Hong Kong
  • KOWEPO - South Korea
  • Bukit Asam (Persero) Tbk - Indonesia
  • Indian Oil Corporation Limited
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Asia Cement - Taiwan
  • Fearnleys - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Reliance Power - India
  • Global Business Power Corporation, Philippines
  • Trasteel International SA, Italy
  • Banpu Public Company Limited - Thailand
  • Cargill India Pvt Ltd
  • Tanito Harum - Indonesia
  • Kumho Petrochemical, South Korea
  • ICICI Bank Limited - India
  • Coaltrans Conferences
  • Vijayanagar Sugar Pvt Ltd - India
  • Standard Chartered Bank - UAE
  • CESC Limited - India
  • TGV SRAAC LIMITED, India
  • Salva Resources Pvt Ltd - India
  • Cosco
  • Electricity Generating Authority of Thailand
  • Moodys - Singapore
  • KEPCO - South Korea
  • Argus Media - Singapore
  • Australian Coal Association
  • Mjunction Services Limited - India
  • Central Electricity Authority - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mercator Lines Limited - India
  • SUEK AG - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Asian Development Bank
  • ASAPP Information Group - India
  • RBS Sempra - UK
  • Arutmin Indonesia
  • IEA Clean Coal Centre - UK
  • Anglo American - United Kingdom
  • Thai Mozambique Logistica
  • TeaM Sual Corporation - Philippines
  • Ince & co LLP
  • Runge Indonesia
  • Minerals Council of Australia
  • Noble Europe Ltd - UK
  • Indorama - Singapore
  • Karaikal Port Pvt Ltd - India
  • Tata Chemicals Ltd - India
  • Indika Energy - Indonesia
  • Commonwealth Bank - Australia
  • Chettinad Cement Corporation Ltd - India
  • GVK Power & Infra Limited - India
  • Semirara Mining Corp, Philippines
  • Essar Steel Hazira Ltd - India
  • Bharathi Cement Corporation - India
  • TRAFIGURA, South Korea
  • Coal and Oil Company - UAE
  • GHCL Limited - India
  • Qatrana Cement - Jordan
  • Riau Bara Harum - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Kepco SPC Power Corporation, Philippines
  • Mitra SK Pvt Ltd - India
  • Ministry of Finance - Indonesia
  • Indogreen Group - Indonesia
  • Bhatia International Limited - India
  • Toyota Tsusho Corporation, Japan
  • The State Trading Corporation of India Ltd
  • Miang Besar Coal Terminal - Indonesia
  • Eastern Energy - Thailand
  • Grasim Industreis Ltd - India
  • Vedanta Resources Plc - India
  • Directorate General of MIneral and Coal - Indonesia
  • Metalloyd Limited - United Kingdom
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • EMO - The Netherlands
  • Tata Power - India
  • Jorong Barutama Greston.PT - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Georgia Ports Authority, United States
  • Directorate Of Revenue Intelligence - India
  • Africa Commodities Group - South Africa
  • Electricity Authority, New Zealand
  • Attock Cement Pakistan Limited
  • Shenhua Group - China
  • Altura Mining Limited, Indonesia
  • Platou - Singapore
  • ANZ Bank - Australia
  • International Coal Ventures Pvt Ltd - India
  • San Jose City I Power Corp, Philippines
  • Rio Tinto Coal - Australia
  • Ind-Barath Power Infra Limited - India
  • Deloitte Consulting - India
  • NALCO India
  • Romanian Commodities Exchange
  • Global Coal Blending Company Limited - Australia
  • Kobe Steel Ltd - Japan
  • Vale Mozambique
  • Heidelberg Cement - Germany
  • globalCOAL - UK
  • Kobexindo Tractors - Indoneisa
  • Carbofer General Trading SA - India
  • IBC Asia (S) Pte Ltd
  • Samsung - South Korea
  • Mitsubishi Corporation
  • Wilmar Investment Holdings
  • PowerSource Philippines DevCo
  • ACC Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • GMR Energy Limited - India
  • BNP Paribas - Singapore
  • Savvy Resources Ltd - HongKong
  • Berau Coal - Indonesia
  • Samtan Co., Ltd - South Korea
  • Iligan Light & Power Inc, Philippines
  • IMC Shipping - Singapore
  • Thailand Anthracite
  • Petrochimia International Co. Ltd.- Taiwan
  • Russian Coal LLC
  • BRS Brokers - Singapore
  • Coal Orbis AG
  • GNFC Limited - India
  • Price Waterhouse Coopers - Russia
  • Coeclerici Indonesia
  • Merrill Lynch Commodities Europe
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Aditya Birla Group - India
  • Jatenergy - Australia
  • UBS Singapore
  • Formosa Plastics Group - Taiwan
  • Pinang Coal Indonesia
  • PNOC Exploration Corporation - Philippines
  • JPower - Japan
  • Sojitz Corporation - Japan
  • PetroVietnam
  • Bahari Cakrawala Sebuku - Indonesia
  • APGENCO India
  • GB Group - China
  • AsiaOL BioFuels Corp., Philippines
  • Jaiprakash Power Ventures ltd
  • Madhucon Powers Ltd - India
  • Bukit Makmur.PT - Indonesia
  • KPMG - USA
  • Maharashtra Electricity Regulatory Commission - India
  • The University of Queensland
  • Agrawal Coal Company - India
  • Maybank - Singapore
  • Gupta Coal India Ltd
  • London Commodity Brokers - England
  • Total Coal South Africa
  • Kapuas Tunggal Persada - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • OCBC - Singapore
  • World Coal - UK
  • Ministry of Mines - Canada
  • Orica Mining Services - Indonesia
  • Glencore India Pvt. Ltd
  • SRK Consulting
  • Leighton Contractors Pty Ltd - Australia
  • Chamber of Mines of South Africa
  • PLN Batubara - Indonesia
  • Videocon Industries ltd - India
  • Ambuja Cements Ltd - India
  • Cement Manufacturers Association - India
  • White Energy Company Limited
  • GN Power Mariveles Coal Plant, Philippines
  • Edison Trading Spa - Italy
  • McConnell Dowell - Australia
  • Surastha Cement
  • WorleyParsons
  • Makarim & Taira - Indonesia
  • Barclays Capital - USA
  • Bangkok Bank PCL
  • Oldendorff Carriers - Singapore
  • European Bulk Services B.V. - Netherlands
  • Asmin Koalindo Tuhup - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • South Luzon Thermal Energy Corporation
  • Semirara Mining and Power Corporation, Philippines
  • Barasentosa Lestari - Indonesia
  • Bulk Trading Sa - Switzerland
  • Sindya Power Generating Company Private Ltd
  • The Treasury - Australian Government
  • Energy Development Corp, Philippines
  • SMC Global Power, Philippines
  • Bayan Resources Tbk. - Indonesia
  • IOL Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Inco-Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Xindia Steels Limited - India
  • Meralco Power Generation, Philippines
  • Panama Canal Authority
  • Gresik Semen - Indonesia
  • Independent Power Producers Association of India
  • DBS Bank - Singapore
  • CIMB Investment Bank - Malaysia
  • Indonesian Coal Mining Association
  • Indian Energy Exchange, India
  • Merrill Lynch Bank
  • Simpson Spence & Young - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Japan Coal Energy Center
  • Pipit Mutiara Jaya. PT, Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Planning Commission, India
  • Aboitiz Power Corporation - Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • ETA - Dubai
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Star Paper Mills Limited - India
  • Permata Bank - Indonesia
  • Infraline Energy - India
  • Thomson Reuters GRC
  • Borneo Indobara - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Freeport Indonesia
  • Britmindo - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Thriveni
  • Renaissance Capital - South Africa
  • Port Waratah Coal Services - Australia
  • Clarksons - UK
  • Medco Energi Mining Internasional
  • Malco - India
  • Marubeni Corporation - India
  • LBH Netherlands Bv - Netherlands
  • Wood Mackenzie - Singapore
  • Coalindo Energy - Indonesia
  • Mechel - Russia
  • bp singapore
  • Arch Coal - USA
  • TANGEDCO India
  • Petron Corporation, Philippines
  • Bhoruka Overseas - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • McKinsey & Co - India
  • Sical Logistics Limited - India
  • Jindal Steel & Power Ltd - India
  • Parry Sugars Refinery, India
  • Vizag Seaport Private Limited - India
  • UOB Asia (HK) Ltd
  • PetroVietnam Power Coal Import and Supply Company
  • JPMorgan - India
  • Global Green Power PLC Corporation, Philippines
  • Bank of America
  • U S Energy Resources
  • Vitol - Bahrain
  • Sakthi Sugars Limited - India
  • VISA Power Limited - India
  • Xstrata Coal
  • Kideco Jaya Agung - Indonesia
  • MEC Coal - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Indonesia Power. PT
  • Malabar Cements Ltd - India
  • Cemex - Philippines
  • CoalTek, United States
  • Cardiff University - UK
  • CNBM International Corporation - China
  • Globalindo Alam Lestari - Indonesia
  • Idemitsu - Japan
  • PLN - Indonesia
  • J M Baxi & Co - India