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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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Monday, 12 November 12
DRILLING COMPLETED AT THE MOORLANDS DEPOSIT, WEST BOWEN PROJECT
Press Release - Cuesta Coal Limited (ASX: CQC) (“Cuesta”) is pleased to announce it has completed its exploration activities at the Moor ...
Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK
COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading g ...
Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November ...
Sunday, 11 November 12
THE IRON ORE AND COAL PRICES MOVEMENTS REMAINS LOW - VISTAAR
COALspot.com The market remained soft with all the sectors soft.
The BDI and was down by 4.67 pct closing at 940 points, on Friday 9 Novemb ...
Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...
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- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Australian Coal Association
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
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