trending Market Intelligence /marketintelligence/en/news-insights/trending/ma1qpr5dGWeRrBGrXviDpA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Geo Energy names Trafigura as new off-taker for SDJ coal mine

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019


Geo Energy names Trafigura as new off-taker for SDJ coal mine

Geo Energy Resources Ltd. said June 27 that Trafigura Pte. Ltd. is the new off-taker for the remaining life of the SDJ coal mine in Indonesia.

Geo Energy and Engelhart CTP (Singapore) Pte. Ltd agreed to terminate their off-take agreement as the latter is streamlining its physical coal trading activities and will be exiting off-take arrangements, including with Geo Energy's subsidiary Geo Coal International Pte Ltd.

Under the agreement, Trafigura will purchase and Geo Coal will sell the entire coal production of SDJ for the remaining life of mine minus its domestic market obligations and subject to a minimum annual commitment of 5 million tonnes of coal from 2020 to 2022.

Trafigura will make a prepayment of US$15 million to Geo Coal for the off-take.