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Thursday, 19 April 12
FRESH COAL SALES FROM JATENERGYS JONGKANG MINES
COALspot.com - Energy company Jatenergy Ltd (ASX code JAT) announced today that it had signed a contract for an 11,000 tonne coal sale due for shipment during the next week, coming after a 4000 tonne sale which was shipped earlier in April. Production is continuing according to plan from the company’s two Jongkang mines in East Kalimantan, Indonesia.
Jatenergy’s Chief Executive Officer Phil Hodgson said: “These continued sales underscore buyer confidence in our ability to reliably deliver good quality thermal coal from our operations. We have banked over US$230,000 in revenues from our sales in March. We are now a fully-fledged coal operator in Indonesia – something very few other Australian coal companies operating there can claim.”
The company’s Indonesian Chief Operating Officer, Chris Flanagan, said ”Production from both our Jongkang I and Jongkang II operations are running according to plan.
We have also advanced our mine development plan for the Atan Bara project, with drilling and topographical surveys nearly completed for an initial mine plan. We remain on track to start mining coal during the third quarter of this year from that project.”
The latest Jongkang sales contract is to be delivered in two barge loads, and involves a market-based FOB price for 6,500 kcal/kg specification coal.
Jatenergy’s Chairman Alan Broome said: “The experience that we have assembled on the ground in Indonesia is paying off, even though we only sold our first coal shipments in March.
Kalimantan is an area with huge growth potential for our company. As previously stated, 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,” according to the statment posted on company's website.
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Friday, 20 April 12
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A rebound of demand for smaller dry bulk carriers has led the industry’s benchmark, the BDI (Baltic Dry Index) above the 1,000-point mark for ...
Friday, 20 April 12
BUMA HAS PRODUCED 2.6 MILLION TONS OF COAL IN MARCH 2012
COALspot.com - BUMA has removed 28.0 million bcm (+6.4% YoY) of overburden in March 2012 while coal production was at 2.6 million tons (+1.3% YoY).
...
Thursday, 19 April 12
HANDY - 'POSITIVE TREND', PANAMAX - 'A FIRMER TENDENCY', CAPESIZE - 'AGAIN NEGATIVE'
Handy
The positive trend from last week continued, with more cargoes entering the market. Skaw/Passero del fixed tick above USD 4000 for US Gulf di ...
Thursday, 19 April 12
WILLIS MARINE MARKET REVIEW FORECASTS ANOTHER DIFFICULT YEAR - WILLIS GLOBAL MARINE / HELLENIC SHIPPING
After an inauspicious start, 2012 could well be "another difficult and uncertain year for the maritime industry faced with the aftermath of the ...
Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quot ...
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- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- The University of Queensland
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
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