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

Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...


Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...


Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...


Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessm ...


Thursday, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production. ...


   974 975 976 977 978   
Showing 4876 to 4880 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 ...

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