COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...


Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
  Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million. The global resources giant ha ...


Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
  COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011. The holiday season seems to have severely affected the fr ...


Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...


Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...


   1092 1093 1094 1095 1096   
Showing 5466 to 5470 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Altura Mining Limited, Indonesia
  • Ministry of Finance - Indonesia
  • McConnell Dowell - Australia
  • Intertek Mineral Services - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • UOB Asia (HK) Ltd
  • APGENCO India
  • Jatenergy - Australia
  • Mitra SK Pvt Ltd - India
  • Makarim & Taira - Indonesia
  • SASOL - South Africa
  • Baramulti Group, Indonesia
  • Kobexindo Tractors - Indoneisa
  • Asia Cement - Taiwan
  • Bhushan Steel Limited - India
  • Indian School of Mines
  • Rashtriya Ispat Nigam Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Peabody Energy - USA
  • Samsung - South Korea
  • Borneo Indobara - Indonesia
  • PetroVietnam
  • Gujarat Sidhee Cement - India
  • NALCO India
  • WorleyParsons
  • Merrill Lynch Commodities Europe
  • Sojitz Corporation - Japan
  • Total Coal South Africa
  • Bukit Makmur.PT - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Planning Commission, India
  • Anglo American - United Kingdom
  • CCIC - Indonesia
  • EMO - The Netherlands
  • Barclays Capital - USA
  • Arutmin Indonesia
  • Madhucon Powers Ltd - India
  • Sarangani Energy Corporation, Philippines
  • LBH Netherlands Bv - Netherlands
  • Formosa Plastics Group - Taiwan
  • Central Electricity Authority - India
  • IOL Indonesia
  • India Bulls Power Limited - India
  • KPMG - USA
  • Directorate General of MIneral and Coal - Indonesia
  • Aditya Birla Group - India
  • CNBM International Corporation - China
  • ING Bank NV - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Electricity Generating Authority of Thailand
  • Surastha Cement
  • Rudhra Energy - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Maheswari Brothers Coal Limited - India
  • bp singapore
  • Malco - India
  • Gupta Coal India Ltd
  • Barasentosa Lestari - Indonesia
  • Savvy Resources Ltd - HongKong
  • Energy Development Corp, Philippines
  • Indorama - Singapore
  • Ernst & Young Pvt. Ltd.
  • MS Steel International - UAE
  • Wilmar Investment Holdings
  • KOWEPO - South Korea
  • Lanco Infratech Ltd - India
  • Meralco Power Generation, Philippines
  • Ind-Barath Power Infra Limited - India
  • Shree Cement - India
  • Sindya Power Generating Company Private Ltd
  • Jindal Steel & Power Ltd - India
  • Salva Resources Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Carbofer General Trading SA - India
  • Siam City Cement - Thailand
  • IEA Clean Coal Centre - UK
  • Tata Chemicals Ltd - India
  • Singapore Mercantile Exchange
  • Cement Manufacturers Association - India
  • Edison Trading Spa - Italy
  • Videocon Industries ltd - India
  • Medco Energi Mining Internasional
  • ANZ Bank - Australia
  • Eastern Coal Council - USA
  • Kartika Selabumi Mining - Indonesia
  • Inco-Indonesia
  • MEC Coal - Indonesia
  • ICICI Bank Limited - India
  • Maersk Broker
  • Kalimantan Lumbung Energi - Indonesia
  • SMG Consultants - Indonesia
  • Sakthi Sugars Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Core Mineral Indonesia
  • Global Coal Blending Company Limited - Australia
  • SGS (Thailand) Limited
  • Cardiff University - UK
  • GMR Energy Limited - India
  • Bhoruka Overseas - Indonesia
  • Cargill India Pvt Ltd
  • Commonwealth Bank - Australia
  • Berau Coal - Indonesia
  • Glencore India Pvt. Ltd
  • IHS Mccloskey Coal Group - USA
  • Agrawal Coal Company - India
  • Alfred C Toepfer International GmbH - Germany
  • Banpu Public Company Limited - Thailand
  • Kideco Jaya Agung - Indonesia
  • Indogreen Group - Indonesia
  • Australian Commodity Traders Exchange
  • OCBC - Singapore
  • International Coal Ventures Pvt Ltd - India
  • Vizag Seaport Private Limited - India
  • Parliament of New Zealand
  • Britmindo - Indonesia
  • Cosco
  • Permata Bank - Indonesia
  • Oldendorff Carriers - Singapore
  • Runge Indonesia
  • Larsen & Toubro Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Economic Council, Georgia
  • Clarksons - UK
  • Mjunction Services Limited - India
  • World Coal - UK
  • Directorate Of Revenue Intelligence - India
  • ASAPP Information Group - India
  • CoalTek, United States
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Coeclerici Indonesia
  • London Commodity Brokers - England
  • Thailand Anthracite
  • GB Group - China
  • Russian Coal LLC
  • HSBC - Hong Kong
  • The State Trading Corporation of India Ltd
  • TeaM Sual Corporation - Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Asmin Koalindo Tuhup - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • VISA Power Limited - India
  • NTPC Limited - India
  • Vitol - Bahrain
  • SUEK AG - Indonesia
  • Idemitsu - Japan
  • Semirara Mining and Power Corporation, Philippines
  • SRK Consulting
  • Petrosea - Indonesia
  • Parry Sugars Refinery, India
  • Trasteel International SA, Italy
  • Posco Energy - South Korea
  • Bangladesh Power Developement Board
  • The Treasury - Australian Government
  • Mercator Lines Limited - India
  • ETA - Dubai
  • BNP Paribas - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • PTC India Limited - India
  • Indika Energy - Indonesia
  • Petron Corporation, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • globalCOAL - UK
  • Dalmia Cement Bharat India
  • Straits Asia Resources Limited - Singapore
  • Merrill Lynch Bank
  • Sical Logistics Limited - India
  • Mercuria Energy - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • AsiaOL BioFuels Corp., Philippines
  • Gresik Semen - Indonesia
  • Xstrata Coal
  • Chamber of Mines of South Africa
  • IMC Shipping - Singapore
  • Deloitte Consulting - India
  • Romanian Commodities Exchange
  • Credit Suisse - India
  • Thomson Reuters GRC
  • Pendopo Energi Batubara - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Grasim Industreis Ltd - India
  • Thai Mozambique Logistica
  • Bharathi Cement Corporation - India
  • TGV SRAAC LIMITED, India
  • Coastal Gujarat Power Limited - India
  • Kumho Petrochemical, South Korea
  • Tata Power - India
  • Globalindo Alam Lestari - Indonesia
  • Thriveni
  • Port Waratah Coal Services - Australia
  • KPCL - India
  • Leighton Contractors Pty Ltd - Australia
  • GAC Shipping (India) Pvt Ltd
  • Ministry of Mines - Canada
  • TNPL - India
  • Marubeni Corporation - India
  • Fearnleys - India
  • Maybank - Singapore
  • Noble Europe Ltd - UK
  • Uttam Galva Steels Limited - India
  • DBS Bank - Singapore
  • Karaikal Port Pvt Ltd - India
  • Indian Oil Corporation Limited
  • Vedanta Resources Plc - India
  • PowerSource Philippines DevCo
  • J M Baxi & Co - India
  • Japan Coal Energy Center
  • ACC Limited - India
  • Independent Power Producers Association of India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Ince & co LLP
  • Mechel - Russia
  • Standard Chartered Bank - UAE
  • Ambuja Cements Ltd - India
  • Interocean Group of Companies - India
  • Coal and Oil Company - UAE
  • IBC Asia (S) Pte Ltd
  • TRAFIGURA, South Korea
  • GVK Power & Infra Limited - India
  • Australian Coal Association
  • Timah Investasi Mineral - Indoneisa
  • Geoservices-GeoAssay Lab
  • Pinang Coal Indonesia
  • Coalindo Energy - Indonesia
  • Samtan Co., Ltd - South Korea
  • Global Green Power PLC Corporation, Philippines
  • The India Cements Ltd
  • Malabar Cements Ltd - India
  • Orica Australia Pty. Ltd.
  • Minerals Council of Australia
  • Mitsubishi Corporation
  • Holcim Trading Pte Ltd - Singapore
  • Kaltim Prima Coal - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Vale Mozambique
  • Moodys - Singapore
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • World Bank
  • Coaltrans Conferences
  • Renaissance Capital - South Africa
  • Mintek Dendrill Indonesia
  • Arch Coal - USA
  • GHCL Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • The University of Queensland
  • PLN Batubara - Indonesia
  • U S Energy Resources
  • Latin American Coal - Colombia
  • Antam Resourcindo - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Maharashtra Electricity Regulatory Commission - India
  • Panama Canal Authority
  • Coal India Limited
  • Attock Cement Pakistan Limited
  • Wood Mackenzie - Singapore
  • Aboitiz Power Corporation - Philippines
  • Coal Orbis AG
  • Gujarat Mineral Development Corp Ltd - India
  • Cemex - Philippines
  • OPG Power Generation Pvt Ltd - India
  • Simpson Spence & Young - Indonesia
  • Power Finance Corporation Ltd., India
  • Georgia Ports Authority, United States
  • Jorong Barutama Greston.PT - Indonesia
  • Deutsche Bank - India
  • PLN - Indonesia
  • Asian Development Bank
  • Tanito Harum - Indonesia
  • GNFC Limited - India
  • Thiess Contractors Indonesia
  • Sucofindo - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bhatia International Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Freeport Indonesia
  • TANGEDCO India
  • SMC Global Power, Philippines
  • Cebu Energy, Philippines
  • Shenhua Group - China
  • McKinsey & Co - India
  • Sinarmas Energy and Mining - Indonesia
  • JPower - Japan
  • Meenaskhi Energy Private Limited - India
  • South Luzon Thermal Energy Corporation
  • Reliance Power - India
  • Central Java Power - Indonesia
  • KEPCO - South Korea
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bank of China, Malaysia
  • Rio Tinto Coal - Australia
  • Price Waterhouse Coopers - Russia
  • Siam City Cement PLC, Thailand
  • Adani Power Ltd - India
  • New Zealand Coal & Carbon
  • Thermax Limited - India
  • Chettinad Cement Corporation Ltd - India
  • CESC Limited - India
  • Bank of America
  • Tamil Nadu electricity Board
  • Indo Tambangraya Megah - Indonesia
  • Star Paper Mills Limited - India
  • Indian Energy Exchange, India
  • Lafarge - France
  • Mitsui
  • San Jose City I Power Corp, Philippines
  • Therma Luzon, Inc, Philippines
  • Heidelberg Cement - Germany
  • CIMB Investment Bank - Malaysia
  • Infraline Energy - India
  • Inspectorate - India
  • Xindia Steels Limited - India
  • UBS Singapore
  • Manunggal Multi Energi - Indonesia
  • Qatrana Cement - Jordan
  • Argus Media - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • Jaiprakash Power Ventures ltd
  • Energy Link Ltd, New Zealand
  • Metalloyd Limited - United Kingdom
  • Semirara Mining Corp, Philippines
  • Bangkok Bank PCL
  • Adaro Indonesia
  • RBS Sempra - UK
  • Neyveli Lignite Corporation Ltd, - India
  • White Energy Company Limited
  • Bulk Trading Sa - Switzerland
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Platts
  • Maruti Cements - India
  • Binh Thuan Hamico - Vietnam
  • Indonesian Coal Mining Association
  • Africa Commodities Group - South Africa
  • Miang Besar Coal Terminal - Indonesia
  • Kobe Steel Ltd - Japan
  • EIA - United States
  • BRS Brokers - Singapore
  • Enel Italy
  • Goldman Sachs - Singapore
  • Humpuss - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Global Business Power Corporation, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Indonesia Power. PT
  • PetroVietnam Power Coal Import and Supply Company
  • GN Power Mariveles Coal Plant, Philippines
  • Riau Bara Harum - Indonesia
  • Electricity Authority, New Zealand
  • Billiton Holdings Pty Ltd - Australia
  • Toyota Tsusho Corporation, Japan
  • Platou - Singapore
  • JPMorgan - India
  • Eastern Energy - Thailand
  • Ministry of Transport, Egypt