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Wednesday, 17 August 11
TAVESCO KILLARA ENERGY TO ACQUIRE COAL CONCESSIONS IN EAST KALIMANTAN
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco International which owned by Tanri Abeng, a former Indonesia’s state enterprises minister to acuire coal concession in Indonesia.
TKE is being set up to sourcing, exploring, and potentially developing coal projects in Indonesia, according to the statement released by Killara Resources Limited.
Tavesco as part of PT Tason Holdings (Tason) that owned by Tanri Abeng, has presented a number of coal concessions throughout East and South Kalimantan to Killara for review and assessment for potential inclusion within PT TKE.
To know more about Killara’s acquisition plan, COALspot.com interviewed the Chief Executive Officer of Tason Holdings Ridwan Zachrie who is also director of TKE.
COALspot.com: Has Tason found potential coal concessions to be acquired by TKE?
Ridwan Zachrie: Under temporary preliminary survey, the six locations are very potential and promising for a large-scale coal mine development.
COALspot.com: How much is the coal deposit content in those six concessions?
Ridwan Zachrie: The six concessions’ coal deposits content are, based on measured data survey, approximately 32 million metric ton.
COALspot.com: How is the quality of calories?
Ridwan Zachrie: The quality of coal may vary, but the gross caloric value is over 6000 kcal/kg on adb basis.
COALspot.com: what will be the mineable quantity out of the potential 32 million MT reserve?
Ridwan Zachrie: All reserves are almost mineable.
COALspot.com: In what districts are the potential coal concessions are located?
Ridwan Zachrie: Those mines were identify in several locations, but not limited to Kutai Kartanegara, Kutai Barat, and Kutai Timur in east Kalimantan.
COALspot.com: What would be the acquisition value of the six concessions that to be acquired by TKE?
Ridwan Zachrie: The acquisition value is not yet determined. The negotiations with the owners are still underway.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
Translated by WB
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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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- Bulk Trading Sa - Switzerland
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- Indian Energy Exchange, India
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- Minerals Council of Australia
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- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
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- Port Waratah Coal Services - Australia
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- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
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- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
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- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
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- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
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- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
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- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
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- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
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- Coalindo Energy - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
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- Pendopo Energi Batubara - Indonesia
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- The State Trading Corporation of India Ltd
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- Directorate General of MIneral and Coal - Indonesia
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- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- The University of Queensland
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
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- Goldman Sachs - Singapore
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- Global Coal Blending Company Limited - Australia
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- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
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- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
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- Merrill Lynch Commodities Europe
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- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
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- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
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- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
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- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
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- Medco Energi Mining Internasional
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- Planning Commission, India
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