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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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Tuesday, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...
Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...
Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...
Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy
The Atlantic market kept its strong position from last week. Even with fewer fixtures reported. Fronthauls still around 25k, wit ...
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- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- MS Steel International - UAE
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Planning Commission, India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Meralco Power Generation, Philippines
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