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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, 23 September 12
INDIA IMPORTED 11.40 PERCENT MORE INDONESIAN COAL IN AUGUST
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 26,451,565* tons of coal in August 2012, compared to 27.88* mill ...
Saturday, 22 September 12
SOFT BUNKER PRICES KEEP INDONESIA TO INDIA FREIGHTS STABLE - VISTAAR
COALspot.com - The freight market overall remained buoyant with all indices up except for Panamax index. The main effect seems to be increased shipm ...
Friday, 21 September 12
SHIP BREAKING ACTIVITY REACHES NEW RECORDS, AS ALREADY 2012 LEVELS HAVE SURPASSED THE WHOLE OF 2011 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The vast oversupply of vessels, most notably in the dry bulk shipping sector, has forced ship owners to intensify their efforts towards recycling th ...
Thursday, 20 September 12
SUPRAMAX : INDO-INDIA ROUNDS WERE AROUND USD 12K - FEARNLEYS
Handy
Not a bad week for Supramax tonnage, if we compare Supramax developments to the bigger size tonnage. The rates have basically remained unchan ...
Thursday, 20 September 12
DRY BULK INCHES FORWARD AFTER WEEKS OF BELOW PAR PERFORMANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has started to revive from its ashed, as the past couple of days, traders have reported an increased activity from China, result ...
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- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- The University of Queensland
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
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