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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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Tuesday, 05 October 10
EWP SEEKING VIETNAMS ANTHRACITE COAL
COALspot.com: South Korea’s EWP is seeking Min 200,000MT of Vietnam coal with plus or minus 30,000MT at EWP’s (Korea East West Power Co ...
Monday, 04 October 10
2 BLN TONS OF COAL RESERVES DISCOVERED IN SOUTHERN PAKISTAN - XINHUA / HELLENIC SHIPPING
Xinhua and Hellenic Shipping reporte dhtat, the discovery of at least two billion tons of usable coal reserves has been confirmed in one of the ...
Sunday, 03 October 10
THE BDI WAS JUST INCREASED BY 8 POINTS AND CLOSED AT 2452 POINTS LAST FRIDAY - VISTAAR
COALspot.com: The BDI was almost at same levels and just increased by 8 points and closed at 2452 points , however the cape index was up by al ...
Sunday, 03 October 10
NALCO TO FINALIZE INDONESIA COAL DEAL BY JANUARY - HINDUSTAN TIMES
HindustanTimes reported that, state-owned National Aluminium Company (NALCO) will finalise a deal with a coal source in Indonesia for its $4 billion ...
Sunday, 03 October 10
INDONESIA WILL BECOME A NET IMPORTER OF ENERGY IN 2030 - BPPT
Jakarta Updates reported that,Indonesian Agency for the Assessment and Application of Technology (BPPT) predicted that the energy situation in Indon ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Planning Commission, India
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
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