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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 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...
Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...
Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...
Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing a 1.5 folds increase in revenue this year from Rp4. ...
Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...
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- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Minerals Council of Australia
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Planning Commission, India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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