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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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Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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- MS Steel International - UAE
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
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