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

Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...


Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.  Oil price at ...


Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...


Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...


Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release  - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...


   1029 1030 1031 1032 1033   
Showing 5151 to 5155 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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