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Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concession in the south Kalimantan, Indonesia.
According to GLOBE NEWSWIRE, through an agreement with PT Integra Prima, Borneo Resource has acquired full exploration, mining and production rights to 100% of the property, which is estimated to contain 8 million tons of high-quality steaming coal.
As quoted by media, Nils Ollquist, Chairman and CEO of Borneo, commented, "This transaction marks the beginning of our 'roll up' strategy to build our reserves in Kalimantan. The Integra Prima property is world-class, with an initial mining feasibility report from PT Geoservices which indicates high levels of surface distribution and shallow depth reserves of high thermal output and low ash/moisture steaming coal, suitable for use in power generation facilities in both India and China."
He added, "We are already in discussions with a select number of end-users in India on possible joint ventures to bring the property into production, or sale of part or all of the concession. We believe that this property is an excellent asset for our portfolio, and is indicative of the types of concessions we look to add going forward."
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Wednesday, 21 June 23
CHINA'S MAY COAL IMPORTS FROM AUSTRALIA RECOVER TO PRE-BAN LEVELS - REUTERS
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against an uncertain macroecono ...
Monday, 19 June 23
DROUGHT-DEPLETED HYDROPOWER DRIVES CHINA TO TURN TO COAL - REUTERS
China has leant hard on coal-fired power plants as well as wind and solar generators to make up for a shortfall in hydroelectric generation as a re ...
Monday, 19 June 23
CHINA COAL OUTPUT UP 4.2 PCT IN MAY - XINHUA
China’s raw coal output posted steady growth in May, official data showed.
The country produced 390 million tonnes of raw coal ...
Wednesday, 24 May 23
AMMONIA-FUELLED BULK CARRIERS WITHIN FIVE YEARS - BALTIC EXCHANGE
Within five years, ships powered by clean ammonia could be a feature on the iron ore trade routes between West Australia and East Asia.
A study ...
Tuesday, 23 May 23
CHINA'S APRIL COAL OUTPUT LEAPS 11% ON YEAR, BUT DEMAND DOWNTURN LOOMS - REUTERS
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensu ...
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- Indian Energy Exchange, India
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- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
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- Orica Mining Services - Indonesia
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- Economic Council, Georgia
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- Planning Commission, India
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- Wilmar Investment Holdings
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- White Energy Company Limited
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- Power Finance Corporation Ltd., India
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- Chamber of Mines of South Africa
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- Directorate General of MIneral and Coal - Indonesia
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- ASAPP Information Group - India
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- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
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- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Minerals Council of Australia
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- Barasentosa Lestari - Indonesia
- The University of Queensland
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- Sree Jayajothi Cements Limited - India
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- Deloitte Consulting - India
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