We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
 Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium project in Indonesia in lieu of acquiring equity in coal mines in the island country.
"We are open to selling stake in the aluminium project to the firm, which offers us its coal mines. In return, we will acquire stake in the coal mine offered to us," Nalco Director Finance B L Bagra told PTI.
Nalco holds 76 per cent stake in the Indonesian project, while RAK Minerals & Metals Investments, a unit of RAK Investment Authority, holds 24 per cent.
"We will always maintain majority stake in the project," he added. The project comprises setting up of a five-lakh -tonne smelter and an integrated 1,250 MW power plant in Indonesia.
The company will import required alumina to run the smelter from its India operations. The company is looking for captive coal block to run the plant and had yesterday invited companies interested in selling coal mines.
Nalco is looking for a coal mine with an estimated reserves of 500 million tonnes and an annual production capacity of 10 million tonnes starting from 2014 for running the project.
There are about 200 coal mines in East Kalimantan province, where the project is proposed, Bagra said.
"Last day for submitting offers to our Expression of Interest is September 30, 2010. We plan to launch financial bids in October-November," he said.
Asked if Nalco's JV partner RAK Minerals could be a possible partner for coal supply to the project, Bagra said, "They are already developing coal deposits there. They can also submit proposal to us. At present, they are our potential partner in the aluminium project."
As per the agreement with Rak Minerals, the UAE-based company will set up infrastructure like railway and port in the island country to cater to the project.
The project was facing regulatory delays and was shifted from earlier proposed site in South Sumatra to East Kalimantan.
Source: Business-Standard
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...
Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...
Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...
Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...
Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...
|
|
|
Showing 5551 to 5555 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Coal Association
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
|
| |
| |
|
