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Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisition finalization (to 75%) and project development work begins
COALspot.com - Realm Resources Ltd announces that it has completed the acquisition of Kalres Limited and through Kalres acquired 51% of PT Katingan Ria (PTKR), an advanced thermal coal exploration project located in Central Kalimantan, Indonesia, for a total transaction value of US$12.6 million and 15 million Performance Rights.
The Katingan Ria Project has the potential to establish Realm as a thermal coal producer within the next 12 months in a nation that has an established coal industry; and is ideally located to export to the high demand southeast Asian markets. Kalres is party to a Master agreement under which Kalres can acquire up to a 75% interest in PTKR.
Commenting on the acquisition, Realm's Managing Director Richard Rossiter said, “ This is a company transforming acquisition. We are excited to have reached this significant milestone in the company’s progress as a coal developer. Work now begins to accelerate the path to production and complete the acquisition to the agreed 75% owner ship level .”
According to the company's report to ASX Australia, A feasibility study on the Katingan Ria Project will be refined with the aim of bringing the Katingan Ria Project into production by mid CY2012. In addition, PTKR will progress the Pinjam Pakai Exploitation license (which allows mining) in respect of 1,500 hectares in the southern part of the Katingan Ria Project as part of Tranche 2 under the Master Agreement. Tranche 2 acquisition is scheduled to be completed by 31 March 2012 subject to satisfactory feasibility study results.
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Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...
Wednesday, 14 October 20
MARKET INSIGHT - INTERMODAL
The tanker market has experienced severe freight rate and asset value declines over the past 5 months. A potential market upturn may arise in the c ...
Friday, 09 October 20
INDIA'S COAL IMPORTS IMPROVE SOMEWHAT, BUT RECOVERY IS UNEVEN - REUTERS
India’s coal imports, depressed by the impact of coronavirus this year, regained ground in September, but in an uneven uptick – shipmen ...
Thursday, 08 October 20
CHINA'S COAL IMPORTS FROM INDONESIA DECLINED 16.4% Y-O-Y, TO 80.2 MLN TONNES IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
China's coal imports boomed in 2019, surprising many who had expected the government would clamp down strictly on shipments.
...
Thursday, 08 October 20
GLIMMER OF LIGHT FOR COAL, BUT SHORT TERM - FNARENA
Is coal on the rebound? Demand appears stronger and supply reductions have underpinned a tightening market. Certainly, the Newcastle thermal coal p ...
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- Krishnapatnam Port Company Ltd. - India
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- Tamil Nadu electricity Board
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- Global Coal Blending Company Limited - Australia
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- Bayan Resources Tbk. - Indonesia
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- Thai Mozambique Logistica
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- Renaissance Capital - South Africa
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- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
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- Altura Mining Limited, Indonesia
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- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
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- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
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- VISA Power Limited - India
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- SMC Global Power, Philippines
- Bangladesh Power Developement Board
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- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- New Zealand Coal & Carbon
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- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
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- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
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- Indonesian Coal Mining Association
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- Wilmar Investment Holdings
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- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
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- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
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- London Commodity Brokers - England
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- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
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- Bahari Cakrawala Sebuku - Indonesia
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- The State Trading Corporation of India Ltd
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- Chamber of Mines of South Africa
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- Kartika Selabumi Mining - Indonesia
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- Star Paper Mills Limited - India
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- Agrawal Coal Company - India
- Energy Development Corp, Philippines
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- Rio Tinto Coal - Australia
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- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- PTC India Limited - India
- Commonwealth Bank - Australia
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