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 : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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