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

Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...


Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...


Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...


Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology. Coal fuels ...


Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...


   965 966 967 968 969   
Showing 4831 to 4835 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 ...

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