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Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
 COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-binding memorandum of understanding (MOU) with PT Saijaan Prima Coal (SPC) for the established of a coal mining joint venture, according to company's ASX announcement.
" Jatenergy signs MOU to establish joint venture for a third Indonesian coal mine, subject to due diligence."
The announcement further said that, SPC holds a production IUP over a 183 hectare property in South Kalimantan, with established coal mining operations and good access to a local port facility. The property is located within an area with several active coal mines.
SPC is looking to expand operations and requires a joint venture partner with expertise in operating Indonesian coal mines to help fund this expansion and assist with operations, sales and marketing.
The MOU is effective for three months, during which time Jatenergy will conduct economic, geological and legal due diligence on the project. The company has paid a deposit to SPC of IDR 1.5 billion (about USD 156,000), which is fully refundable should Jatenergy decide not to proceed with the venture.
If Jatenergy proceeds with the proposed joint venture, it will increase to three the number of active Indonesian coal mining operations of the company, together with its existing Jongkang I and Jongkang II mines. The proposed JV is also in line with the company’s strategy of focusing on existing and near-to-production coal mining operations, particularly in Indonesia, an announcement said.
About PT Saijaan Prima Coal
PT Saijaan Prima Coal (SPC) is an Indonesian-registered trading company established in South Kalimantan in 2004 and privately-owned by a wealthy Indonesian family. The company’s shareholders also own a number of other coal mining concessions in the same area as the SPC concession, in addition to a port facility for loading coal onto barges for export. Jatenergy is continuing discussions with the shareholders regarding further potential joint ventures and access to the port facility.
About Jatenergy
Jatenergy Limited is a Sydney-based diversified energy company operating in both Australia and Asia. Jatenergy’s strategic focus is on producing cash returns from its coal and jatropha assets as well as implementing the proprietary Coal Plus technology for upgrading low grade coal into high value energy products.
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Thursday, 03 January 13
DRY BULK DEMAND TO KEEP RISING IN 2013, DRY BULK SHIP PRICES TO KEEP FALLING SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In a recent report on the future of the shipping markets, DVB bank said that dry bulk demand is expected to keep on growing in the coming years, mai ...
Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
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- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
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