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Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisition finalization (to 75%) and project development work begins
COALspot.com - Realm Resources Ltd announces that it has completed the acquisition of Kalres Limited and through Kalres acquired 51% of PT Katingan Ria (PTKR), an advanced thermal coal exploration project located in Central Kalimantan, Indonesia, for a total transaction value of US$12.6 million and 15 million Performance Rights.
The Katingan Ria Project has the potential to establish Realm as a thermal coal producer within the next 12 months in a nation that has an established coal industry; and is ideally located to export to the high demand southeast Asian markets. Kalres is party to a Master agreement under which Kalres can acquire up to a 75% interest in PTKR.
Commenting on the acquisition, Realm's Managing Director Richard Rossiter said, “ This is a company transforming acquisition. We are excited to have reached this significant milestone in the company’s progress as a coal developer. Work now begins to accelerate the path to production and complete the acquisition to the agreed 75% owner ship level .”
According to the company's report to ASX Australia, A feasibility study on the Katingan Ria Project will be refined with the aim of bringing the Katingan Ria Project into production by mid CY2012. In addition, PTKR will progress the Pinjam Pakai Exploitation license (which allows mining) in respect of 1,500 hectares in the southern part of the Katingan Ria Project as part of Tranche 2 under the Master Agreement. Tranche 2 acquisition is scheduled to be completed by 31 March 2012 subject to satisfactory feasibility study results.
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Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
Handy
Pacific market has mixed sentiments with tonnages fixed at firm levels and some tonnages in feast failing on subs.For indo-india, large eco ...
Thursday, 27 October 11
DRY BULK MARKET EDGES DOWN AS CHINAS IRON ORE DEMAND LOSES GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A plunge in Chinese iron ore demand, as a result of high steel inventories and a bleak outlook regarding steel prices, has prompted the dry bulk mar ...
Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
Insider Stories reported that, the state-controlled coal miner PT Bukit Asam Tbk (PTBA) experienced a 66.91% increase in its net profit during a per ...
Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
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- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- VISA Power Limited - India
- Eastern Coal Council - USA
- Planning Commission, India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
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