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, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...


Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...


Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...


Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...


Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...


   979 980 981 982 983   
Showing 4901 to 4905 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 ...

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