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, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped  28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...


Monday, 27 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The pessimism in the dry market persists with the Baltic Dry Index still trying to find a steady pace of growth and average time charter earnings fo ...


Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for  the Panamax which was down by 11.91 pc ...


Friday, 24 February 12
DRY BULK MARKET POSTS FIRST REBOUND IN A WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was expected since mid-week, the dry bulk market's benchmark, the BDI (Baltic Dry Index) has managed to put a stop in a 6-day losing rally, endi ...


Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont ...


   966 967 968 969 970   
Showing 4836 to 4840 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 ...

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