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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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Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Australian Coal Association
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
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