We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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$1m) in return for 30% of the mining margin and the marketing rights to 100% of the production. The project is sited 5km from a stockpile, crushing and conveyor loading facility on the Mahakam River, about 25km from the coal shipping hub of Samarinda.
Jatenergy’s new Chairman Alan Broome said: “We have now proved that we can operate in Indonesia – an area with huge growth potential for our company. The revenue will be applied to our significant Katingan project in Central Kalimantan, as well as to secure and develop larger short-to-production projects now under review in Indonesia.”
About Jatenergy:
Jatenergy is a diversified energy company operating in Australia and Asia. It owns the rights to four coal projects in Indonesia’s Kalimantan coal region, as well as eight coal exploration permits and permit applications in Queensland’s Bowen and Galilee basins.
It also produces high quality crude jatropha oil from plantation operations in Central Java, Indonesia, for power production and the airline industry.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...
Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...
Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...
Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...
Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...
|
|
|
Showing 4796 to 4800 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- The University of Queensland
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
|
| |
| |
|
