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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.
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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Australian Coal Association
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
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