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
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES


8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongkang I and Jongkang II mines

Energy company Jatenergy Ltd (ASX code JAT) announced today that it had secured its first coal sales contract from its two Jongkang mines in East Kalimantan, Indonesia.

Jatenergy’s Chief Executive Officer Phil Hodgson said: “Securing this first coal sale underscores buyer confidence in our ability to deliver reliable, good quality thermal coal from our operations,” CEO Phil Hodgson said on a press statement posted on company's web site.

The company’s Indonesian Chief Operating Officer Chris Flanagan further said that production was progressing well at both mines. “We are currently producing from both our Jongkang I and Jongkang II operations. Our on-site stockpile and readily accessible capped coal now totals about 15,000 tonnes.’The sales contract, for an 8000-tonne barge, had been reached with a Singaporean buyer. The key terms are a 50% total purchase price down-payment due in five working days, a market-based FOB price (based upon 6500 kCal/kg specification), 40% payment on barge loading in March and a 10% adjustment subject to cargo survey.

Jongkang I and Jongkang II have been developed in a JV arrangement with a local Indonesian partner. Jatenergy contributed the majority of the working capital costs of both projects (around US$1m) in return for 30% of the mining margin and the marketing rights to 100% of the production. The project is sited 5km from a stockpile, crushing and conveyor loading facility on the Mahakam River, about 25km from the coal shipping hub of Samarinda.

Jatenergy’s new Chairman Alan Broome said: “We have now proved that we can operate in Indonesia – an area with huge growth potential for our company. The revenue will be applied to our significant Katingan project in Central Kalimantan, as well as to secure and develop larger short-to-production projects now under review in Indonesia.”

About Jatenergy:
Jatenergy is a diversified energy company operating in Australia and Asia. It owns the rights to four coal projects in Indonesia’s Kalimantan coal region, as well as eight coal exploration permits and permit applications in Queensland’s Bowen and Galilee basins.

It also produces high quality crude jatropha oil from plantation operations in Central Java, Indonesia, for power production and the airline industry.



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

Recent News

Friday, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...


Thursday, 29 March 12
DRY BULK EDGED FURTHER UP, ON HEALTHY DEMAND FOR MOST SHIP TYPES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With capesize vessels finally reappearing in demand, the dry bulk market had an easier task of rising yesterday, as the BDI (Baltic Dry Index) reach ...


Thursday, 29 March 12
ADARO FY11 NET INCOME JUMPS 124% - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) today announced a 124% jump in net income to US$552 million last year or US$0.017 a share. ...


Wednesday, 28 March 12
CUESTA HAS RECEIVED APPLICATIONS AND FIRM BIDS IN EXCESS OF $9 MILLION FOR THE COMPANYS IPO
COALspot.com - The Directors of Cuesta Coal Limited (ASX:CQC) have announced that today it has received applications and firm bids in excess of $9 m ...


Wednesday, 28 March 12
ORPHEUS ENERGY TO COMMENCE JORC DRILLING AT ADK PROJECT
COALspot.com - Indonesian coal explorer and producer, Orpheus Energy (ASX:OEG), have today announced that the company is about to commence a drillin ...


   956 957 958 959 960   
Showing 4786 to 4790 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 ...

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