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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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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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- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Planning Commission, India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
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