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Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody.
Coal India chairman Partha Bhattacharyya said, “Peabody is going ahead, discussions are becoming quite fruitful. Hopefully, it will be concluded this fiscal.”
The Coal India chief said his firm was also looking at “a specific property” of US-based Massey Energy.
This apart, CIL may begin talks with the Indonesian government in January for a proposed venture with PT Tambang Batubara Bukit Asam, according to sources.
Officials said talks started last month for a stake-cum-long-term coal purchase deal with Peabody. Japanese and Chinese firms have had similar deals with many major Australian miners. Last month, CIL raised over Rs 15,200 crore from its IPO and is looking at as many as five overseas buys, sources said.
Bhattacharyya said Peabody had offered 10 per cent in one of its companies and “we are trying to make it a little more, so that we have representation on the board”.
Peabody Energy, which runs eight mines in the Australian states of Queensland and New South Wales, said it did not comment on market speculation.
Domestic firms, including CIL, Steel Authority of India Ltd and Tata Steel, have been looking to enter Australia’s coal sector for many years.
In July last year, CIL announced that it had called for expressions of interest from mining partners in Australia, while SAIL had been on the hunt for the last five years.
In February, Hancock Prospecting and Rio Tinto were named as being among the Australian miners talking to CIL. News reports added Peabody to the list in April.
Official sources said India had suggested to Indonesia that CIL and Bukit Asam, a state-run firm, could look at floating a joint venture to develop coal blocks.
Source: The Telegraph India
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Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
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- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- The University of Queensland
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
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