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Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to deliver key mining and operational support services across its portfolio of Indonesian coal projects.
Mark O’Keeffe, managing director of Kangaroo, said: “We are pleased to have secured the ongoing services of ASEAMCO, not only as they are very experienced in coal mining in Indonesia but also as they have a long history working on several of Kangaroo’s projects and also with our Indonesian partners.”
The new agreement has been negotiated as payment partly in cash and partly in Kangaroo shares at the election of ASEAMCO, both to preserve Kangaroo's cash flow as well as give ASEAMCO added incentive to deliver.
Robert de Jongh, managing director of ASEAMCO was equally supportive of the deal saying, “We believe Kangaroo and its Indonesian partners have a portfolio of significant coal assets in East Kalimantan, and ASEAMCO is confident it has the expertise to add value to these assets.”
The Kangaroo medium term strategy involves vending in valuable new coal projects, while building production in the short term from up to three existing projects.
Kangaroo is targeting up to 0.5 million tonnes production in 2010, with the medium term goal over three years stated by the company is to achieve up to 10 plus million tonnes of coal per annum, from three production hubs in East Kalimantan.
Source: Proactive Investors
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Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...
Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...
Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...
Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...
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- Bulk Trading Sa - Switzerland
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- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
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- Parliament of New Zealand
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- The University of Queensland
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- Ministry of Mines - Canada
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- Economic Council, Georgia
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- The Treasury - Australian Government
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- White Energy Company Limited
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- India Bulls Power Limited - India
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- Ministry of Transport, Egypt
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- Altura Mining Limited, Indonesia
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- Planning Commission, India
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- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Marubeni Corporation - India
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
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