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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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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- White Energy Company Limited
- The University of Queensland
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Australian Coal Association
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Economic Council, Georgia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
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