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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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- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Parliament of New Zealand
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
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