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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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Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
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- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Parliament of New Zealand
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- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
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