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Thursday, 19 April 12
FRESH COAL SALES FROM JATENERGYS JONGKANG MINES
COALspot.com - Energy company Jatenergy Ltd (ASX code JAT) announced today that it had signed a contract for an 11,000 tonne coal sale due for shipment during the next week, coming after a 4000 tonne sale which was shipped earlier in April. Production is continuing according to plan from the company’s two Jongkang mines in East Kalimantan, Indonesia.
Jatenergy’s Chief Executive Officer Phil Hodgson said: “These continued sales underscore buyer confidence in our ability to reliably deliver good quality thermal coal from our operations. We have banked over US$230,000 in revenues from our sales in March. We are now a fully-fledged coal operator in Indonesia – something very few other Australian coal companies operating there can claim.”
The company’s Indonesian Chief Operating Officer, Chris Flanagan, said ”Production from both our Jongkang I and Jongkang II operations are running according to plan.
We have also advanced our mine development plan for the Atan Bara project, with drilling and topographical surveys nearly completed for an initial mine plan. We remain on track to start mining coal during the third quarter of this year from that project.”
The latest Jongkang sales contract is to be delivered in two barge loads, and involves a market-based FOB price for 6,500 kcal/kg specification coal.
Jatenergy’s Chairman Alan Broome said: “The experience that we have assembled on the ground in Indonesia is paying off, even though we only sold our first coal shipments in March.
Kalimantan is an area with huge growth potential for our company. As previously stated, 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,” according to the statment posted on company's website.
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Friday, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...
Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000 Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...
Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy
The market remained variable.
Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...
Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...
Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...
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- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
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