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Thursday, 09 May 13
KILLARA AUSTRALIA ACQUIRES 80% INTEREST IN BORNEO EMAS HITAM
COALspot.com - Killara Resources has announced that, the company has signed a binding MoU to acquire an 80% equity interest in PT. Borneo Emas Hitam (BEH). PT Borneo Emas Hitam (BEH) is a coal producer in East Kalimantan in Indonesia and currently sells its entire production to an international buyer.
According to company’s website, Killara Resources (ASX Code: KRA) is a minerals explorer specializing in energy and other resources in Indonesia, with an emphasis on sustainable mining practices when and if projects are developed in conjunction with close ongoing community engagement.
“The transaction moves Killara from an explore to a producer and represents an exciting corporate transition for the company, an announcement to ASX said.
Killara will pay, pending due diligence, a minimum of US$ 2.2 million for an 80% equity interest in BEH and its wholly-owned mining concession, which is located in East Kalimantan, Indonesia, the note from company said. Should an independent technical assessment of the concession by Killara establish a mineable coal deposit of greater than 733,333 tonnes, the company will pay $3.00 for each additional tonne.
At the same time, the acquisition enables the company to become cash flow positive and be operating its own mining activities within an estimated three months, the announcement from company said.
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- London Commodity Brokers - England
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Australian Coal Association
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
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