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.
|
|
Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...
Monday, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
|
|
|
Showing 5601 to 5605 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- The University of Queensland
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Planning Commission, India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
|
| |
| |
|
