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Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale in its first big attempt at a deal since a failed iron ore merger with rival BHP Billiton.
Rio called the all-cash, $16 per share offer 'attractive' and said it already had pre-bid agreements on 14.9% of Riversdale's shares, including with a number of its directors.
'The acquisition of Riversdale is in line with our growth strategy of investing in, developing and operating large long-term cost-competitive mines and businesses,' said Rio Tinto energy chief Doug Ritchie.
Riversdale has three coal mining projects in Africa, including major operations in Mozambique. Ritchie said the bid underscored Rio's commitment to the continent, including Guinea's massive Simandou iron ore field.
Riversdale said its directors recommended the deal, which is valued at a 46% premium to the value of its shares before speculation on a tie-up with Rio started, 'in the absence of a superior proposal'.
India's Tata Steel owns 24% of Riversdale and is rumoured to be considering a rival bid, along with Brazil's Vale, which has already made significant investment of its own in Mozambique.
India is the primary target market for Riversdale's coking coal, used in steel-making, and the country's steel ministry has reportedly asked a consortium of five state-run companies to moot a bid for the Australian miner.
Source: RTE News
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Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...
Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...
Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...
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Showing 5426 to 5430 news of total 6871 |
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- PTC India Limited - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Chamber of Mines of South Africa
- The University of Queensland
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Deloitte Consulting - India
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
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