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

Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported  that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...


Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...


Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...


Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index. The BDI was up by 6.87 pct closing at 824 points ...


Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake. The regulation known as ...


   961 962 963 964 965   
Showing 4811 to 4815 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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