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Friday, 24 May 13
ENGAGEMENT WITH POTENTIAL STRATEGIC AND OFF TAKE PARTNERS ACCELERATING - REALM RESOURCES
COALspot.com - Following the recent completion of the Feasibility Study, the Realm Resources Ltd. (ASX: RRP) has focused on securing strategic off take partners and financing for the project, and advancing the final stages of permitting, the company said in its latest announcements.
Engagement with potential strategic partners and investors has accelerated with updates to the data room and assisted by a gradual recovery in the price of Katingan Ria 4,200kcal GAR coal to around US$43/t, Realm Resources said in recent announcement. This is now above the base case life of mine FOB cash cost forecast of $41.23/t and the cost forecast for the initial five years of US$37.62/t, the company’s announcement further said.
Katingan Ria (RRP 51%), which is located in Central Kalimantan Indonesia, an open-cut operation that will supply low ash and sulphur coal ideally suited for modern Indian and Chinese power generation.
According to press release from the company, the coal mine is located near the town of Tumbang Samba in Central Kalimantan, Indonesia. The project is planned as a 2.5Mt pa open cut mine with coal hauled approximately 40km - 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 transshipment 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 company further said, on the permitting front, the Company has taken key steps towards upgrading the ‘In-Principle’ Forestry (Izin Pinjam Pakai) Operations permit to a Final Forestry Operations permit in H2 2013. On receipt of the final forestry operation permit the Company will progress with coal mining operations and production.
“We are encouraged by recent progress at Katingan Ria, coinciding with the gradual strengthening of regional markets for its coal product. Together with our partners, we remain committed to bringing Katingan Ria on stream as a simple, low cost, 2.5Mtpa operation in the near term”, Chairman Richard Rossiter said.
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Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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- The University of Queensland
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- Marubeni Corporation - India
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- Coal and Oil Company - UAE
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- Renaissance Capital - South Africa
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- Global Coal Blending Company Limited - Australia
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- Chamber of Mines of South Africa
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- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
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- White Energy Company Limited
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- VISA Power Limited - India
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- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
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- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
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- Madhucon Powers Ltd - India
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- Indian Oil Corporation Limited
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- Parliament of New Zealand
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- Deloitte Consulting - India
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- Videocon Industries ltd - India
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- Ministry of Finance - Indonesia
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- Billiton Holdings Pty Ltd - Australia
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- Miang Besar Coal Terminal - Indonesia
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- Goldman Sachs - Singapore
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- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
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- Thai Mozambique Logistica
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- Mjunction Services Limited - India
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- Georgia Ports Authority, United States
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- Africa Commodities Group - South Africa
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- Directorate General of MIneral and Coal - Indonesia
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- Commonwealth Bank - Australia
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- New Zealand Coal & Carbon
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- CNBM International Corporation - China
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- LBH Netherlands Bv - Netherlands
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- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
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- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
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- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
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- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
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- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
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