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Tuesday, 23 April 13
REALM CONTINUES AS 51% OWNER AND MANAGER OF THE KATINGAN RIA THERMAL COAL PROJECT
 COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced today that, the commercial way forward for the development of its 51% held Indonesian thermal coal project, Katingan Ria, has been clarified following termination of the Master Agreement with its Indonesian Partners (PT SMAA).
Consequently Realm’s option to acquire an additional 24% in Katingan Ria for additional staged payments totaling US$17m has been cancelled, according to company’s announcements to ASX Limited today.
- Realm continues as 51% owner and manager of the PT Katingan Ria thermal coal project
- Indonesian partners continue to add value and support cooperative coal business expansion in the region
- Focus shifting to financing and development, following imminent release of the feasibility study, and advances in permitting
The announcement further said, importantly, Realm and its Indonesian partners have committed to progress the project cooperatively with their current shareholdings remaining at 51% and 49% respectively and to be governed by the existing shareholders agreement which enshrines Realm as the manager of the Project.
In addition, Realm and PT SMAA have reaffirmed their intention to cooperatively build a larger coal business in the Katingan and adjacent regencies, by formalizing a “Cooperation Agreement”.
Commenting on the development, Chairman Richard Rossiter said, “We are pleased that, together with our partners, we have reaffirmed our agreement to cooperatively expand our coal business in the region. The focus will now shift to financing and development and completion of the permitting phase, following imminent release of the feasibility study results”.
About: PT Katingan Ria thermal coal project
The Katingan Ria coal project is located near the town of Tumbang Samba in Central Kalimantan, Indonesia. The Company aims to reach 2.5 mtpa after a 3 year ramp-up from early 2014. The planned operation consists of an open cut haulback mining method using hydraulic loaders and rear dump trucks to dump both inpit and expit. Coal is transported from the pit by 60 t road trucks approximately 45 km to a stockpiling and barge loading facility on the Katingan River. Barges will then transport coal 435 km from the stockpile area to the river mouth for transhipment into coal ships for delivery to market.
Coal is planned to be sold “unwashed”, meaning there is no metallurgical treatment required to achieve a saleable product. The coal is expected to be predominately sold as a low ash and low sulphur coal ideally suited for modern Indian and Chinese power generation.
About Realm
Realm’s strategy is to create shareholder value through exploration and development of bulk commodity projects, primarily in coal. In addition, the Company has platinum group metals, advanced exploration projects and an aluminium dross treatment plant in South Africa.
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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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- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- The University of Queensland
- SMC Global Power, Philippines
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
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