COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES


8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongkang I and Jongkang II mines

Energy company Jatenergy Ltd (ASX code JAT) announced today that it had secured its first coal sales contract from its two Jongkang mines in East Kalimantan, Indonesia.

Jatenergy’s Chief Executive Officer Phil Hodgson said: “Securing this first coal sale underscores buyer confidence in our ability to deliver reliable, good quality thermal coal from our operations,” CEO Phil Hodgson said on a press statement posted on company's web site.

The company’s Indonesian Chief Operating Officer Chris Flanagan further said that production was progressing well at both mines. “We are currently producing from both our Jongkang I and Jongkang II operations. Our on-site stockpile and readily accessible capped coal now totals about 15,000 tonnes.’The sales contract, for an 8000-tonne barge, had been reached with a Singaporean buyer. The key terms are a 50% total purchase price down-payment due in five working days, a market-based FOB price (based upon 6500 kCal/kg specification), 40% payment on barge loading in March and a 10% adjustment subject to cargo survey.

Jongkang I and Jongkang II have been developed in a JV arrangement with a local Indonesian partner. Jatenergy contributed the majority of the working capital costs of both projects (around US$1m) in return for 30% of the mining margin and the marketing rights to 100% of the production. The project is sited 5km from a stockpile, crushing and conveyor loading facility on the Mahakam River, about 25km from the coal shipping hub of Samarinda.

Jatenergy’s new Chairman Alan Broome said: “We have now proved that we can operate in Indonesia – an area with huge growth potential for our company. The revenue will be applied to our significant Katingan project in Central Kalimantan, as well as to secure and develop larger short-to-production projects now under review in Indonesia.”

About Jatenergy:
Jatenergy is a diversified energy company operating in Australia and Asia. It owns the rights to four coal projects in Indonesia’s Kalimantan coal region, as well as eight coal exploration permits and permit applications in Queensland’s Bowen and Galilee basins.

It also produces high quality crude jatropha oil from plantation operations in Central Java, Indonesia, for power production and the airline industry.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported  that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...


Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...


Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...


Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index. The BDI was up by 6.87 pct closing at 824 points ...


Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake. The regulation known as ...


   961 962 963 964 965   
Showing 4811 to 4815 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Lanco Infratech Ltd - India
  • Latin American Coal - Colombia
  • Videocon Industries ltd - India
  • Maruti Cements - India
  • Reliance Power - India
  • Rashtriya Ispat Nigam Limited - India
  • Bhushan Steel Limited - India
  • Ministry of Finance - Indonesia
  • Coal India Limited
  • Bukit Asam (Persero) Tbk - Indonesia
  • SMG Consultants - Indonesia
  • Kobe Steel Ltd - Japan
  • Larsen & Toubro Limited - India
  • bp singapore
  • Cement Manufacturers Association - India
  • Heidelberg Cement - Germany
  • Coeclerici Indonesia
  • Standard Chartered Bank - UAE
  • PowerSource Philippines DevCo
  • Gresik Semen - Indonesia
  • Ministry of Mines - Canada
  • Directorate Of Revenue Intelligence - India
  • Orica Australia Pty. Ltd.
  • TANGEDCO India
  • Kideco Jaya Agung - Indonesia
  • Bank of America
  • Shenhua Group - China
  • Kalimantan Lumbung Energi - Indonesia
  • Arutmin Indonesia
  • JPower - Japan
  • Petrosea - Indonesia
  • Savvy Resources Ltd - HongKong
  • Global Business Power Corporation, Philippines
  • Makarim & Taira - Indonesia
  • Singapore Mercantile Exchange
  • Neyveli Lignite Corporation Ltd, - India
  • CESC Limited - India
  • Humpuss - Indonesia
  • Merrill Lynch Bank
  • Glencore India Pvt. Ltd
  • Indonesia Power. PT
  • Argus Media - Singapore
  • Malabar Cements Ltd - India
  • Kaltim Prima Coal - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Maheswari Brothers Coal Limited - India
  • Anglo American - United Kingdom
  • DBS Bank - Singapore
  • Baramulti Group, Indonesia
  • Indonesian Coal Mining Association
  • Cigading International Bulk Terminal - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Peabody Energy - USA
  • GB Group - China
  • Marubeni Corporation - India
  • EMO - The Netherlands
  • Interocean Group of Companies - India
  • Siam City Cement PLC, Thailand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • TGV SRAAC LIMITED, India
  • Holcim Trading Pte Ltd - Singapore
  • Timah Investasi Mineral - Indoneisa
  • NTPC Limited - India
  • McKinsey & Co - India
  • Australian Coal Association
  • Ceylon Electricity Board - Sri Lanka
  • Coal and Oil Company - UAE
  • Total Coal South Africa
  • Mjunction Services Limited - India
  • GMR Energy Limited - India
  • ACC Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • CIMB Investment Bank - Malaysia
  • VISA Power Limited - India
  • Renaissance Capital - South Africa
  • The State Trading Corporation of India Ltd
  • Meralco Power Generation, Philippines
  • TRAFIGURA, South Korea
  • Gupta Coal India Ltd
  • McConnell Dowell - Australia
  • Sinarmas Energy and Mining - Indonesia
  • TNPL - India
  • Indika Energy - Indonesia
  • Sakthi Sugars Limited - India
  • Cemex - Philippines
  • Bukit Baiduri Energy - Indonesia
  • PNOC Exploration Corporation - Philippines
  • LBH Netherlands Bv - Netherlands
  • PetroVietnam Power Coal Import and Supply Company
  • The India Cements Ltd
  • IOL Indonesia
  • Inspectorate - India
  • Indian School of Mines
  • Commonwealth Bank - Australia
  • Electricity Generating Authority of Thailand
  • SGS (Thailand) Limited
  • MS Steel International - UAE
  • AsiaOL BioFuels Corp., Philippines
  • Tata Power - India
  • The University of Queensland
  • The Treasury - Australian Government
  • Berau Coal - Indonesia
  • Thai Mozambique Logistica
  • Malco - India
  • ETA - Dubai
  • Planning Commission, India
  • Infraline Energy - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Sarangani Energy Corporation, Philippines
  • globalCOAL - UK
  • Agrawal Coal Company - India
  • Semirara Mining Corp, Philippines
  • KOWEPO - South Korea
  • Essar Steel Hazira Ltd - India
  • Vedanta Resources Plc - India
  • Georgia Ports Authority, United States
  • Thailand Anthracite
  • Kohat Cement Company Ltd. - Pakistan
  • UBS Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Lafarge - France
  • Shree Cement - India
  • Energy Development Corp, Philippines
  • Central Java Power - Indonesia
  • Samsung - South Korea
  • Kapuas Tunggal Persada - Indonesia
  • Altura Mining Limited, Indonesia
  • CCIC - Indonesia
  • PLN - Indonesia
  • Central Electricity Authority - India
  • Karaikal Port Pvt Ltd - India
  • Romanian Commodities Exchange
  • Mitra SK Pvt Ltd - India
  • Coal Orbis AG
  • Orica Mining Services - Indonesia
  • Panama Canal Authority
  • Directorate General of MIneral and Coal - Indonesia
  • APGENCO India
  • Jatenergy - Australia
  • Mintek Dendrill Indonesia
  • KEPCO - South Korea
  • India Bulls Power Limited - India
  • Vale Mozambique
  • Sree Jayajothi Cements Limited - India
  • Vitol - Bahrain
  • Jindal Steel & Power Ltd - India
  • Cardiff University - UK
  • Alfred C Toepfer International GmbH - Germany
  • Meenaskhi Energy Private Limited - India
  • Grasim Industreis Ltd - India
  • Intertek Mineral Services - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • GHCL Limited - India
  • Permata Bank - Indonesia
  • Chamber of Mines of South Africa
  • South Luzon Thermal Energy Corporation
  • Wood Mackenzie - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • San Jose City I Power Corp, Philippines
  • Chettinad Cement Corporation Ltd - India
  • SMC Global Power, Philippines
  • Bhatia International Limited - India
  • Aboitiz Power Corporation - Philippines
  • Clarksons - UK
  • Madhucon Powers Ltd - India
  • SUEK AG - Indonesia
  • Bhoruka Overseas - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • JPMorgan - India
  • ANZ Bank - Australia
  • WorleyParsons
  • Mercuria Energy - Indonesia
  • HSBC - Hong Kong
  • KPCL - India
  • Geoservices-GeoAssay Lab
  • EIA - United States
  • Kepco SPC Power Corporation, Philippines
  • Binh Thuan Hamico - Vietnam
  • GAC Shipping (India) Pvt Ltd
  • Platts
  • Ernst & Young Pvt. Ltd.
  • Wilmar Investment Holdings
  • Banpu Public Company Limited - Thailand
  • Runge Indonesia
  • Jaiprakash Power Ventures ltd
  • Cargill India Pvt Ltd
  • Pipit Mutiara Jaya. PT, Indonesia
  • ING Bank NV - Singapore
  • Xindia Steels Limited - India
  • Power Finance Corporation Ltd., India
  • ICICI Bank Limited - India
  • NALCO India
  • Parliament of New Zealand
  • Therma Luzon, Inc, Philippines
  • Sucofindo - Indonesia
  • Indian Oil Corporation Limited
  • Salva Resources Pvt Ltd - India
  • Thomson Reuters GRC
  • Ince & co LLP
  • SASOL - South Africa
  • Ind-Barath Power Infra Limited - India
  • BNP Paribas - Singapore
  • Britmindo - Indonesia
  • Coaltrans Conferences
  • White Energy Company Limited
  • Noble Europe Ltd - UK
  • Bank of China, Malaysia
  • Rio Tinto Coal - Australia
  • Coalindo Energy - Indonesia
  • Thriveni
  • Asmin Koalindo Tuhup - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Bharathi Cement Corporation - India
  • Indorama - Singapore
  • Antam Resourcindo - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • J M Baxi & Co - India
  • World Coal - UK
  • Deloitte Consulting - India
  • Inco-Indonesia
  • Independent Power Producers Association of India
  • Maybank - Singapore
  • New Zealand Coal & Carbon
  • Asia Cement - Taiwan
  • Energy Link Ltd, New Zealand
  • London Commodity Brokers - England
  • Japan Coal Energy Center
  • KPMG - USA
  • International Coal Ventures Pvt Ltd - India
  • Coastal Gujarat Power Limited - India
  • Rudhra Energy - India
  • Barasentosa Lestari - Indonesia
  • RBS Sempra - UK
  • Enel Italy
  • Iligan Light & Power Inc, Philippines
  • Petron Corporation, Philippines
  • IEA Clean Coal Centre - UK
  • SRK Consulting
  • Jorong Barutama Greston.PT - Indonesia
  • Eastern Coal Council - USA
  • Gujarat Sidhee Cement - India
  • Economic Council, Georgia
  • Russian Coal LLC
  • OPG Power Generation Pvt Ltd - India
  • Indogreen Group - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • U S Energy Resources
  • GVK Power & Infra Limited - India
  • Mechel - Russia
  • Tanito Harum - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Pinang Coal Indonesia
  • Bangkok Bank PCL
  • Ministry of Transport, Egypt
  • Asian Development Bank
  • Moodys - Singapore
  • Simpson Spence & Young - Indonesia
  • Bangladesh Power Developement Board
  • Edison Trading Spa - Italy
  • Karbindo Abesyapradhi - Indoneisa
  • Qatrana Cement - Jordan
  • Minerals Council of Australia
  • Eastern Energy - Thailand
  • Straits Asia Resources Limited - Singapore
  • Star Paper Mills Limited - India
  • Thermax Limited - India
  • Cebu Energy, Philippines
  • Posco Energy - South Korea
  • Xstrata Coal
  • Goldman Sachs - Singapore
  • Trasteel International SA, Italy
  • Gujarat Mineral Development Corp Ltd - India
  • Uttam Galva Steels Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Kartika Selabumi Mining - Indonesia
  • Fearnleys - India
  • Freeport Indonesia
  • Maersk Broker
  • Sojitz Corporation - Japan
  • Africa Commodities Group - South Africa
  • PetroVietnam
  • Riau Bara Harum - Indonesia
  • Vizag Seaport Private Limited - India
  • Carbofer General Trading SA - India
  • Mercator Lines Limited - India
  • SN Aboitiz Power Inc, Philippines
  • IMC Shipping - Singapore
  • Leighton Contractors Pty Ltd - Australia
  • Metalloyd Limited - United Kingdom
  • Electricity Authority, New Zealand
  • Indo Tambangraya Megah - Indonesia
  • Formosa Plastics Group - Taiwan
  • Ambuja Cements Ltd - India
  • Tamil Nadu electricity Board
  • GNFC Limited - India
  • OCBC - Singapore
  • Bayan Resources Tbk. - Indonesia
  • Oldendorff Carriers - Singapore
  • Mitsui
  • IHS Mccloskey Coal Group - USA
  • Krishnapatnam Port Company Ltd. - India
  • European Bulk Services B.V. - Netherlands
  • Global Green Power PLC Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • Parry Sugars Refinery, India
  • MEC Coal - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Port Waratah Coal Services - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Medco Energi Mining Internasional
  • CoalTek, United States
  • Mitsubishi Corporation
  • UOB Asia (HK) Ltd
  • Australian Commodity Traders Exchange
  • Idemitsu - Japan
  • ASAPP Information Group - India
  • Cosco
  • Samtan Co., Ltd - South Korea
  • TNB Fuel Sdn Bhd - Malaysia
  • CNBM International Corporation - China
  • Core Mineral Indonesia
  • Tata Chemicals Ltd - India
  • Toyota Tsusho Corporation, Japan
  • Platou - Singapore
  • Price Waterhouse Coopers - Russia
  • Thiess Contractors Indonesia
  • Indian Energy Exchange, India
  • Arch Coal - USA
  • Deutsche Bank - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Credit Suisse - India
  • Sical Logistics Limited - India
  • PLN Batubara - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Sindya Power Generating Company Private Ltd
  • Kumho Petrochemical, South Korea
  • Manunggal Multi Energi - Indonesia
  • Surastha Cement
  • Bukit Makmur.PT - Indonesia
  • Borneo Indobara - Indonesia
  • Aditya Birla Group - India
  • PTC India Limited - India
  • Attock Cement Pakistan Limited
  • Billiton Holdings Pty Ltd - Australia
  • IBC Asia (S) Pte Ltd
  • Barclays Capital - USA
  • Dalmia Cement Bharat India
  • BRS Brokers - Singapore
  • TeaM Sual Corporation - Philippines
  • Siam City Cement - Thailand
  • Adaro Indonesia
  • World Bank
  • Globalindo Alam Lestari - Indonesia
  • Merrill Lynch Commodities Europe
  • Adani Power Ltd - India