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Thursday, 04 July 13
CHALLENGER SIGNS FORMAL EXCLUSIVE MINING AND MARKETING AGREEMENT FOR ABBR PROJECT IN CENTRAL KALIMANTAN
COALspot.com - Challenger Deep Resources Corp., through its subsidiary PT Bestindo Energy has signed the formal exclusive Mining and Marketing agreement for the ABBR Project in Central Kalimantan, Indonesia with an initial term expiring in 2020 with an option to extend beyond that date, the company said in its press release.
The ABBR licence lies adjacent to Challenger’s KEM license where drilling activity is taking place on the initial areas scheduled for production. According to company, Challenger’s due diligence field work on the ABBR Project has confirmed the presence of at least 16 seams which are the strike continuity to the east of seams exposed in the KEM license area.
Due diligence test pitting and outcrop sampling have confirmed coal quality ranging from gross calorific value 6,022 to 6,330 on GAR basis. Average total moisture of coal is around 12.54 per cent, Ash around 3.60 per cent on ADB basis and Sulphur 0.73 per cent on adb basis.
Width of seams (Outcrop) discovered to date vary from 20 cm to 2 m. Drilling is to commence immediately on the extension of seams currently being drilled on the KEM license area. These seams are projected to strike for a distance of 1.8 km through ABBR license area.
Ranjeet Sundher, President of Challenger commented, “The signing of the ABBR project is an integral part of the overall Barito Project for Challenger. With the mining licenses and infrastructure in place, combined with the high quality of coal, we believe we can build a profitable coal production company that is sustainable and highly scaleable.”
About Challenger
Challenger Deep Resources Corp. is an exploration company focused on the Indonesian coal industry. Challenger’s business plan is to acquire, explore and to bring its viable coal projects into production. Challenger has an experienced Indonesian exploration and mining team with offices in Calgary, Singapore and Jakarta.
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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
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- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
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- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
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- Semirara Mining and Power Corporation, Philippines
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- The University of Queensland
- Tamil Nadu electricity Board
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- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Indian Oil Corporation Limited
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- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- LBH Netherlands Bv - Netherlands
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- Sarangani Energy Corporation, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Economic Council, Georgia
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- Goldman Sachs - Singapore
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- Orica Australia Pty. Ltd.
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- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
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- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
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- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Sical Logistics Limited - India
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