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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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Monday, 22 August 11
NTPC TO IMPORT 16 MILLION TON OF COAL TO BRIDGE THE GAP
COALspot.com - NTPC to import 16 million tons of imported coal, which is equivalent to 23-24 million tons of Indian coal to bridge the gap.
" ...
Monday, 22 August 11
MACRO ECONOMICS - PETER SAND BIMCO / HELLENIC SHIPPING
The US is jeopardising the global recovery as job creation remains top challenge across the board.
Global economy: While growth in most emerging ...
Sunday, 21 August 11
SUPRAMAX AVAILABILITY WAS TIGHT DUE TO UPCOMING RAMADAN HOLIDAYS
COALspot.com - The financial markets have been in turmoil with all major stock exchanges down and uncertainty prevails. However the shipping market ...
Sunday, 21 August 11
TUAH TURANGGA ACQUIRES DUTA NURCAHYA
Coal miner PT Tuah Turangga Agung, a wholly owned subsidiary of PT United Tractors Tbk (UNTR) via PT Pamapersada Nusantara), has agreed to acquire 6 ...
Friday, 19 August 11
INDIAS CICTL HAS ACHIEVED ONE MILLION TONS OF DISCHARGE
COALspot.com - Chettinad International Coal Terminal (CICTL) in Ennore port, a state of the art mechanized coal terminal, which was inaugurated on 28t ...
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- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
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