COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 13 June 13
RIO TINTO AGREES SALE OF EAGLE PROJECT FOR AN ESTIMATED US$325 MILLION IN CASH


COALspot.com - Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in cash. This transaction is expected to close in the third quarter of 2013 and is subject to regulatory approval.

The Eagle project in the Upper Peninsula of Michigan in the United States includes a high-grade underground nickel-copper mine and mill. Construction commenced in June 2010 and is approximately 55 per cent complete. 

Chris Lynch, chief financial officer of Rio Tinto said “The sale of Eagle demonstrates our renewed focus and discipline in the way we allocate capital. We are making good progress on a number of other potential divestments as part of our goal to achieve substantial proceeds from divesting non-core assets.

“We believe Eagle will have a sound future under its new ownership given Lundin’s commitment to the development of the project. Rio Tinto will continue to manage Eagle to the highest safety and environmental standards during the transition to the new owner.”

About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and New York Stock Exchange listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.

Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, thermal and metallurgical coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt) and iron ore. Activities span the world and are strongly represented in Australia and North America with significant businesses in Asia, Europe, Africa and South America.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...


Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...


Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...


Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday. ...


Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Borneo Indobara - Indonesia
  • Standard Chartered Bank - UAE
  • San Jose City I Power Corp, Philippines
  • Anglo American - United Kingdom
  • Latin American Coal - Colombia
  • Larsen & Toubro Limited - India
  • LBH Netherlands Bv - Netherlands
  • Sojitz Corporation - Japan
  • SRK Consulting
  • Freeport Indonesia
  • Toyota Tsusho Corporation, Japan
  • Enel Italy
  • Indo Tambangraya Megah - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bhoruka Overseas - Indonesia
  • Merrill Lynch Bank
  • GHCL Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • SMG Consultants - Indonesia
  • Xindia Steels Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Indogreen Group - Indonesia
  • UBS Singapore
  • SMC Global Power, Philippines
  • Renaissance Capital - South Africa
  • KPMG - USA
  • Reliance Power - India
  • Thailand Anthracite
  • Vizag Seaport Private Limited - India
  • Energy Link Ltd, New Zealand
  • Global Business Power Corporation, Philippines
  • Deloitte Consulting - India
  • Medco Energi Mining Internasional
  • Riau Bara Harum - Indonesia
  • Gresik Semen - Indonesia
  • Arutmin Indonesia
  • PTC India Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Mercator Lines Limited - India
  • Thiess Contractors Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Siam City Cement - Thailand
  • Tanito Harum - Indonesia
  • The University of Queensland
  • Oldendorff Carriers - Singapore
  • European Bulk Services B.V. - Netherlands
  • Shenhua Group - China
  • Savvy Resources Ltd - HongKong
  • Cement Manufacturers Association - India
  • Central Electricity Authority - India
  • Asmin Koalindo Tuhup - Indonesia
  • TGV SRAAC LIMITED, India
  • APGENCO India
  • Kumho Petrochemical, South Korea
  • Posco Energy - South Korea
  • GVK Power & Infra Limited - India
  • Ambuja Cements Ltd - India
  • Bharathi Cement Corporation - India
  • GN Power Mariveles Coal Plant, Philippines
  • Glencore India Pvt. Ltd
  • Runge Indonesia
  • Inco-Indonesia
  • Global Coal Blending Company Limited - Australia
  • Meralco Power Generation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • London Commodity Brokers - England
  • Pinang Coal Indonesia
  • Barclays Capital - USA
  • Core Mineral Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Energy Development Corp, Philippines
  • Idemitsu - Japan
  • KEPCO - South Korea
  • Parry Sugars Refinery, India
  • Georgia Ports Authority, United States
  • Singapore Mercantile Exchange
  • Rudhra Energy - India
  • AsiaOL BioFuels Corp., Philippines
  • Sical Logistics Limited - India
  • Bank of America
  • Coalindo Energy - Indonesia
  • Videocon Industries ltd - India
  • Sucofindo - Indonesia
  • GB Group - China
  • Power Finance Corporation Ltd., India
  • Binh Thuan Hamico - Vietnam
  • Madhucon Powers Ltd - India
  • Salva Resources Pvt Ltd - India
  • Total Coal South Africa
  • CCIC - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Mercuria Energy - Indonesia
  • Sakthi Sugars Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • bp singapore
  • South Luzon Thermal Energy Corporation
  • Kapuas Tunggal Persada - Indonesia
  • Tata Chemicals Ltd - India
  • TeaM Sual Corporation - Philippines
  • Malco - India
  • White Energy Company Limited
  • Bukit Asam (Persero) Tbk - Indonesia
  • Clarksons - UK
  • Mitsubishi Corporation
  • Karaikal Port Pvt Ltd - India
  • Eastern Energy - Thailand
  • Rio Tinto Coal - Australia
  • Bhushan Steel Limited - India
  • Africa Commodities Group - South Africa
  • Bhatia International Limited - India
  • KPCL - India
  • Barasentosa Lestari - Indonesia
  • PowerSource Philippines DevCo
  • Ind-Barath Power Infra Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Meenaskhi Energy Private Limited - India
  • ETA - Dubai
  • Indian Energy Exchange, India
  • Globalindo Alam Lestari - Indonesia
  • IEA Clean Coal Centre - UK
  • CNBM International Corporation - China
  • World Coal - UK
  • VISA Power Limited - India
  • Coastal Gujarat Power Limited - India
  • Jatenergy - Australia
  • Orica Mining Services - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Ministry of Mines - Canada
  • Lanco Infratech Ltd - India
  • SUEK AG - Indonesia
  • EMO - The Netherlands
  • CIMB Investment Bank - Malaysia
  • Petrosea - Indonesia
  • Indika Energy - Indonesia
  • Coal India Limited
  • globalCOAL - UK
  • Japan Coal Energy Center
  • Parliament of New Zealand
  • HSBC - Hong Kong
  • OPG Power Generation Pvt Ltd - India
  • BNP Paribas - Singapore
  • Romanian Commodities Exchange
  • Attock Cement Pakistan Limited
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • ANZ Bank - Australia
  • McConnell Dowell - Australia
  • Maheswari Brothers Coal Limited - India
  • SGS (Thailand) Limited
  • Jaiprakash Power Ventures ltd
  • McKinsey & Co - India
  • Goldman Sachs - Singapore
  • Indian School of Mines
  • Moodys - Singapore
  • Kobexindo Tractors - Indoneisa
  • Tamil Nadu electricity Board
  • Marubeni Corporation - India
  • Krishnapatnam Port Company Ltd. - India
  • Indonesia Power. PT
  • TANGEDCO India
  • Port Waratah Coal Services - Australia
  • The Treasury - Australian Government
  • Baramulti Group, Indonesia
  • Bulk Trading Sa - Switzerland
  • Platou - Singapore
  • Indian Oil Corporation Limited
  • MEC Coal - Indonesia
  • ASAPP Information Group - India
  • Shree Cement - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Bangladesh Power Developement Board
  • Peabody Energy - USA
  • Wilmar Investment Holdings
  • Price Waterhouse Coopers - Russia
  • Kartika Selabumi Mining - Indonesia
  • Australian Coal Association
  • Planning Commission, India
  • Thermax Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • IOL Indonesia
  • Intertek Mineral Services - Indonesia
  • Qatrana Cement - Jordan
  • SASOL - South Africa
  • Arch Coal - USA
  • Ernst & Young Pvt. Ltd.
  • Britmindo - Indonesia
  • Adaro Indonesia
  • Orica Australia Pty. Ltd.
  • Australian Commodity Traders Exchange
  • Rashtriya Ispat Nigam Limited - India
  • Tata Power - India
  • Essar Steel Hazira Ltd - India
  • IMC Shipping - Singapore
  • Wood Mackenzie - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Asia Cement - Taiwan
  • Inspectorate - India
  • Noble Europe Ltd - UK
  • Thomson Reuters GRC
  • The India Cements Ltd
  • Bank of China, Malaysia
  • GMR Energy Limited - India
  • Surastha Cement
  • Kideco Jaya Agung - Indonesia
  • Aditya Birla Group - India
  • Fearnleys - India
  • Deutsche Bank - India
  • Panama Canal Authority
  • Bukit Makmur.PT - Indonesia
  • World Bank
  • Jorong Barutama Greston.PT - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Vedanta Resources Plc - India
  • Xstrata Coal
  • Thai Mozambique Logistica
  • Grasim Industreis Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Makarim & Taira - Indonesia
  • Eastern Coal Council - USA
  • Chamber of Mines of South Africa
  • Sindya Power Generating Company Private Ltd
  • Argus Media - Singapore
  • Infraline Energy - India
  • Kohat Cement Company Ltd. - Pakistan
  • Gupta Coal India Ltd
  • Cebu Energy, Philippines
  • Ministry of Transport, Egypt
  • NALCO India
  • EIA - United States
  • TNPL - India
  • Billiton Holdings Pty Ltd - Australia
  • Mitsui
  • TNB Fuel Sdn Bhd - Malaysia
  • CESC Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Heidelberg Cement - Germany
  • Sarangani Energy Corporation, Philippines
  • Carbofer General Trading SA - India
  • Petron Corporation, Philippines
  • GAC Shipping (India) Pvt Ltd
  • ICICI Bank Limited - India
  • Cardiff University - UK
  • JPMorgan - India
  • Karbindo Abesyapradhi - Indoneisa
  • International Coal Ventures Pvt Ltd - India
  • Thriveni
  • India Bulls Power Limited - India
  • Therma Luzon, Inc, Philippines
  • Adani Power Ltd - India
  • Edison Trading Spa - Italy
  • RBS Sempra - UK
  • Kaltim Prima Coal - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Commonwealth Bank - Australia
  • PetroVietnam Power Coal Import and Supply Company
  • Samsung - South Korea
  • PLN - Indonesia
  • Siam City Cement PLC, Thailand
  • JPower - Japan
  • Asian Development Bank
  • Maybank - Singapore
  • CoalTek, United States
  • Cemex - Philippines
  • Samtan Co., Ltd - South Korea
  • IBC Asia (S) Pte Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Global Green Power PLC Corporation, Philippines
  • U S Energy Resources
  • Electricity Authority, New Zealand
  • Banpu Public Company Limited - Thailand
  • Gujarat Electricity Regulatory Commission - India
  • Simpson Spence & Young - Indonesia
  • Semirara Mining Corp, Philippines
  • Coeclerici Indonesia
  • MS Steel International - UAE
  • Gujarat Mineral Development Corp Ltd - India
  • OCBC - Singapore
  • Central Java Power - Indonesia
  • Mintek Dendrill Indonesia
  • PLN Batubara - Indonesia
  • PetroVietnam
  • Economic Council, Georgia
  • Coal Orbis AG
  • Antam Resourcindo - Indonesia
  • The State Trading Corporation of India Ltd
  • Ministry of Finance - Indonesia
  • Maersk Broker
  • Permata Bank - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Directorate General of MIneral and Coal - Indonesia
  • Vitol - Bahrain
  • TRAFIGURA, South Korea
  • Mechel - Russia
  • Malabar Cements Ltd - India
  • Agrawal Coal Company - India
  • GNFC Limited - India
  • Kobe Steel Ltd - Japan
  • Sinarmas Energy and Mining - Indonesia
  • KOWEPO - South Korea
  • Formosa Plastics Group - Taiwan
  • WorleyParsons
  • Cosco
  • Maruti Cements - India
  • Altura Mining Limited, Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Berau Coal - Indonesia
  • Platts
  • BRS Brokers - Singapore
  • Indonesian Coal Mining Association
  • Bukit Baiduri Energy - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • UOB Asia (HK) Ltd
  • Credit Suisse - India
  • NTPC Limited - India
  • Geoservices-GeoAssay Lab
  • Coal and Oil Company - UAE
  • Bangkok Bank PCL
  • Russian Coal LLC
  • ACC Limited - India
  • Kepco SPC Power Corporation, Philippines
  • PNOC Exploration Corporation - Philippines
  • Dalmia Cement Bharat India
  • Vale Mozambique
  • Electricity Generating Authority of Thailand
  • Uttam Galva Steels Limited - India
  • Star Paper Mills Limited - India
  • Lafarge - France
  • Manunggal Multi Energi - Indonesia
  • Mitra SK Pvt Ltd - India
  • Cargill India Pvt Ltd
  • Mjunction Services Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Ince & co LLP
  • Chettinad Cement Corporation Ltd - India
  • ING Bank NV - Singapore
  • Coaltrans Conferences
  • Indorama - Singapore
  • Interocean Group of Companies - India
  • New Zealand Coal & Carbon
  • DBS Bank - Singapore
  • Merrill Lynch Commodities Europe
  • Metalloyd Limited - United Kingdom
  • Humpuss - Indonesia
  • Jindal Steel & Power Ltd - India
  • Independent Power Producers Association of India
  • J M Baxi & Co - India
  • Holcim Trading Pte Ltd - Singapore
  • Gujarat Sidhee Cement - India
  • Minerals Council of Australia
  • IHS Mccloskey Coal Group - USA
  • Trasteel International SA, Italy