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Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisition finalization (to 75%) and project development work begins
COALspot.com - Realm Resources Ltd announces that it has completed the acquisition of Kalres Limited and through Kalres acquired 51% of PT Katingan Ria (PTKR), an advanced thermal coal exploration project located in Central Kalimantan, Indonesia, for a total transaction value of US$12.6 million and 15 million Performance Rights.
The Katingan Ria Project has the potential to establish Realm as a thermal coal producer within the next 12 months in a nation that has an established coal industry; and is ideally located to export to the high demand southeast Asian markets. Kalres is party to a Master agreement under which Kalres can acquire up to a 75% interest in PTKR.
Commenting on the acquisition, Realm's Managing Director Richard Rossiter said, “ This is a company transforming acquisition. We are excited to have reached this significant milestone in the company’s progress as a coal developer. Work now begins to accelerate the path to production and complete the acquisition to the agreed 75% owner ship level .”
According to the company's report to ASX Australia, A feasibility study on the Katingan Ria Project will be refined with the aim of bringing the Katingan Ria Project into production by mid CY2012. In addition, PTKR will progress the Pinjam Pakai Exploitation license (which allows mining) in respect of 1,500 hectares in the southern part of the Katingan Ria Project as part of Tranche 2 under the Master Agreement. Tranche 2 acquisition is scheduled to be completed by 31 March 2012 subject to satisfactory feasibility study results.
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Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...
Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
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- Tata Chemicals Ltd - India
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
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