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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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Tuesday, 23 October 12
INDONESIA SETS DMO FOR NEXT YEAR
COALspot.com - The Indonesian government has declared the quantity of coal to be supplied to domestic market in 2013 recently under DMO regulation. ...
Sunday, 21 October 12
BUMA HAS PRODUCED 25.0 MILLION TONS OF COAL YEAR TO DATE
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 33.2 million bcm* (+5.5% YoY) of Overburden in September 2012 totaled while coal produc ...
Saturday, 20 October 12
SUPRAMAX FREIGHT EXPECTED TO BE FLAT - VISTAAR
COALspot.com - The shipping market continued to be quite active with quite lot of cargoes fixed for in the cape and panamax sector.
The BDI was ...
Thursday, 18 October 12
INDO-INDIA, LARGE ECO SUPRA FIXED AT USD 11000 - FEARNLEYS AS
Handy
Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Cont to East Med were around USD 14k and Black Sea ...
Tuesday, 16 October 12
DRY BULK FREIGHT RATES COULD IMPROVE ON CHINESE STIMULUS AND WINTER CARGO DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO has given out its forecast for the next six weeks, in terms of freight rates for dry bulk carriers. According to them, Capesize TC Average rat ...
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- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- VISA Power Limited - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
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