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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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Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
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- Directorate Of Revenue Intelligence - India
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- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
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- Singapore Mercantile Exchange
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- Metalloyd Limited - United Kingdom
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- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
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- Indian Oil Corporation Limited
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- Australian Commodity Traders Exchange
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- TeaM Sual Corporation - Philippines
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- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- White Energy Company Limited
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
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- Directorate General of MIneral and Coal - Indonesia
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- SMG Consultants - Indonesia
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- Karaikal Port Pvt Ltd - India
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- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
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- Medco Energi Mining Internasional
- Bhatia International Limited - India
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- Economic Council, Georgia
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- Eastern Coal Council - USA
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- European Bulk Services B.V. - Netherlands
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- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
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- Mercuria Energy - Indonesia
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- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- The University of Queensland
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
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- Kaltim Prima Coal - Indonesia
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- Romanian Commodities Exchange
- Thiess Contractors Indonesia
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- Formosa Plastics Group - Taiwan
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
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- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
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- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
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- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
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- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
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- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- Parliament of New Zealand
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- Deloitte Consulting - India
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