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Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million through the issue of new shares to Indonesian coal company PT Bayan Resources Tbk.
Bayan, which will emerge with a 57% stake in the Australian company as a result of the deal, also signed a memorandum of understanding to immediately start managing all of Kangaroo Resources' Indonesian coal operations. The arrangements are subject to due diligence, shareholder and regulatory approval, Kangaroo Resources said in a statement.
Together with Kangaroo Resources' other Indonesian coal assets, which include the 100%-owned Mamahak coking coal project now in production, the Tanur Jaya thermal coal project and the GPK thermal coal project, this latest purchase, “will reposition Kangaroo Resources as a world-scale Indonesian coal producer,“ it said.
Bayan has a market capitalisation of US$4.5 billion, total coal resources of more than 1 billion metric tons and reserves of 500 million tons in eight mining concessions in East and South Kalimantan, and is a major participant in the Indonesian coking and thermal coal markets, Kangaroo said.
Bayan is targeting 2010 coal sales of 12 million tons for nearly US$1 billion in revenues and US$150 million in earnings before interest, tax, depreciation and amortization. The Pakar project has total coal resources of 3.8 billion tons and reserves of 116 million tons.
Kangaroo has been earning a 49% stake in the Tanur Jaya concession--one of the nine concessions within the Pakar Project--over the past 12 months and this position will now be incorporated into the overall 99% interest that Kangaroo is buying in the Pakar project. In addition to its mines, Bayan owns the Balikpapan Coal Terminal, one of the largest coal terminals in Indonesia with a handling capacity of 15 million tons a year.
Source : Kompas / Newsterupdate
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Monday, 28 September 20
NEW LNG PROJECTS - ALL DRESSED UP AND NO PLACE TO GO - WOOD MACKENZIE
It was meant to be another boom year. After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, at least as much capacity was lined up fo ...
Thursday, 24 September 20
SUPRAMAX: INDO TO INDIA FIXING AROUND US$13,000 - FEARNLEYS
Cape
Over the last week the iron ore segment from Brazil to China has picked up, and we see freight rates up USD 2 (12%) week on week Fearnleys ...
Thursday, 24 September 20
KOREA MIDLAND POWER TO BUY 1.92 MILLION TONS OF 4,300-4,700 NCV COAL FOR THREE YEARS
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 640,000 MT 4,300-4,700 kcal/kg NCV coal per year.
  ...
Wednesday, 23 September 20
VIETNAM'S NEW POWER DEVELOPMENT PLAN MUST OPTIMIZE RENEWABLES AND AVOID FOSSIL FUEL LOCK-IN: IEEFA
EVN’s financial constraints leaves the utility with little room for error
Implementing Vietnam’s soon-to-be-launched next Power De ...
Wednesday, 23 September 20
MARKET INSIGHT - INTERMODAL
Undoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to severely affect and shape our day to day p ...
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Showing 776 to 780 news of total 6871 |
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- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Australian Coal Association
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
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