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Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the project. Initial shipment will come at Q2 201, says Realm Resources Ltd.
Realm focus is on platinum group metals ( PGM) in South Africa as well as bulk commodities abroad. In addition, the Company has an aluminium dross treatment plant located in Pietermaritzburg, South Africa.
The project has the potential to transform Realm into a thermal coal producer within the next 12 months in a nation that has an established coal industry and ideally located to export to the high demand Southeast Asian markets, Realm said in its sttement posted company's website.
Realm announced on 12 April 2011 that it has secured an exclusive option to acquire all of the issued capital in Kalres, a company incorporated in the Cayman Islands for an aggregate consideration of US$ 29.6 million and the issue of 15 million performance rights. Kalres is a party to a Master Agreement with PT SMAA, under which Kalres can acquire up to a 75% interest in an Indonesian coal company, PTKR, which holds the Katingan Ria concession (Katingan Ria Project).
The Katingan Ria Project covers 5,053 hectares under Mining Business Permit for Exploration (IUP Exploration) No. 274 and is located in Central Kalimantan within the Katingan Hulu district, approximately 175km North West of the regional capital of Palangkaraya. Approximately 30- 45 km haulage logging roads will be used to haul the coal from the project site to the Katingan River. The barge to port route is approximately 420km on river to the coast.
A conceptual plan for a 3Mtpa open pit project with capital expenditure estimated at about US$41 million (100%) and operating costs in the order of US $40/t FOB (on mother vessel) are envisaged for Katingan. This includes overheads, mining and haulage, crushing, barge transport and transhipping operations, the statment further said.
A marketing agency agreement has been established with Coeclerici Asia (Pte) Ltd (“ CCA” ) with Realm’s coal to be marketed as midium CV, low sulphur, sub bituminous coal will be marketed as a Katingan product.
There is potential for first shipments as early as early next year.
Katingan product would be sold primarily into the power generation markets in India, China and domestically within Indonesia.
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Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 mi ...
Thursday, 25 August 11
OPG EXPECTS COAL PRICES TO REMAIN FIRM IN THE SHORT TERM
COALspot.com - Revenue of OPG, the developer and operator of Group Captive power plants in India up 188% to £33.15m and Income from continuing ...
Thursday, 25 August 11
PAITON POWER LOOKING FOR 3.96 MILLION TONS OF COAL
COALspot.com - PT Pembangkit Jawa Bali (PJB) is looking for 3.96 million tons coal with calorific value 4,800 kcal/kg on as received basis. Accordin ...
Tuesday, 23 August 11
ICMA CALLS GOVERNMENT TO REVIEW EXPORT BAN REGULATION
COALspot.com - Chairman of the Indonesian Coal Mining Association (ICMA) Bob Kamandanu asks the government to review the regulation that being draft ...
Tuesday, 23 August 11
ADARO ENERGY ACQUIRES 75% STAKE OF PT MUSTIKA INDAH PERMAI FOR US$ 222.5 MILLION
COALspot.com - PT Alam Tri Abadi, a wholly owned subsidiary of PT Adaro Energy Tbk, signed a share purchase agreement to acquire a 75% stake of PT M ...
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- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- The University of Queensland
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
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