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

Wednesday, 22 February 12
RAW COMMODITY EXPORT BAN SPARKS SMELTER BUILDING BOOM IN INDONESIA ANTARA / THE JAKARTA GLOBE
Antara /  The Jakarta Globe reported that, as the government gears up to ban all exports of unprocessed commodities, Indonesia will see 12 new ...


Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...


Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...


Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...


Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...


   967 968 969 970 971   
Showing 4841 to 4845 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 ...

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