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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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Sunday, 15 April 12
THE SPOT FIXTURE RATES FOR SUPRAMAX IN SE ASIA SAW SOME SOFTENING OF CHARTER RATES - VISTAAR
COALspot.com - The market seem to be holding and except for Supramax and handy size index all other index was up with BDI up by 4.74 pct closing at ...
Friday, 13 April 12
MINERS OPPOSE GOVTS EXPORT TAX PLAN - THE JAKARTA POST
The Jakarta Post reported that, Indonesian mining companies have strongly protested the government’s plan to impose a 25 percent export tax on ...
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor& ...
Thursday, 12 April 12
FIRST QUARTER OF 2012 SAW AN ADDITIONAL 24.2 MILLION DWT OF DRY BULK CARRIERS ENTERING THE FLEET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The inflow of newbuilt dry bulk vessels was larger than expected in the first quarter of 2012. As much as 24.2 million DWT were added to the fleet. ...
Wednesday, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL
COALspot.com - 42.35 million ton of coal found in just 2% of PT Insani Bara Perkasa’s total concession area of 24,477 hectare.
Accord ...
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- Alfred C Toepfer International GmbH - Germany
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- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
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- Medco Energi Mining Internasional
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- Merrill Lynch Commodities Europe
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- Neyveli Lignite Corporation Ltd, - India
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- Orica Mining Services - Indonesia
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- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
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- Metalloyd Limited - United Kingdom
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- The University of Queensland
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- Standard Chartered Bank - UAE
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- Economic Council, Georgia
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- Tamil Nadu electricity Board
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- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
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- McConnell Dowell - Australia
- Heidelberg Cement - Germany
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- European Bulk Services B.V. - Netherlands
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- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
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- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
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- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
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- Bangladesh Power Developement Board
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- Parry Sugars Refinery, India
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- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
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- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
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- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
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- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
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- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
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- Minerals Council of Australia
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
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- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
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- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
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- Chamber of Mines of South Africa
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- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
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- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Wilmar Investment Holdings
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- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
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- Deloitte Consulting - India
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- Thiess Contractors Indonesia
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- India Bulls Power Limited - India
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