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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, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...
Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...
Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy
The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...
Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...
Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...
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- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
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