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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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Sunday, 25 November 12
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO BE FIRM - VISTAAR
COALspot.com - The freight market was buoyant this week with all sectors up except for the Cape size index. The BDI was up by 5.21 pct closing at 10 ...
Sunday, 25 November 12
INDONESIAN SUB BITUMINOUS COAL SWAP CONTRACTS SLIDE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for February 2013 delivery lost 0.76percent WoW but gained 0.16 percent DoD on Friday ...
Saturday, 24 November 12
DELTA DUNIA MAKMUR PRODUCES 3.2 MILLION TONS OF COAL IN OCTOBER
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 31.1 million bcm* (-4.0% YoY) of Overburden in October 2012 totaled while coal production was ...
Friday, 23 November 12
CHOOSING THE RIGHT TIME TO INVEST IN NEW VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Shipping is all about timing, a process often rising to the height of artform, as ship owners are having to pick the exact moment of selling most of ...
Thursday, 22 November 12
HANDY: INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 12500 - FEARNRESEARCH
Handy
The north Continent is seeing plenty of tonnages but lack of cargoes. TA business are around 11k and fronthaul is around 17k.Tonnages has tig ...
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- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
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