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

Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...


Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...


Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
  COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...


Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...


Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...


   1028 1029 1030 1031 1032   
Showing 5146 to 5150 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 ...

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