We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 31 July 14
RIO TINTO SELLS MOZAMBIQUE COAL ASSETS FOR US$ 50 MILLION TO INDIA'S ICVL
COALspot.com: Rio Tinto has agreed to sell its Mozambique coal assets for just US$ 50 million to International coal ventures Private limited of India.
International Coal Ventures Private Limited has been set up in 2009 as a Joint Venture Company in India with SAIL, CIL, RINL, NMDC and NTPC as the promoter companies for securing metallurgical coal and thermal coal assets in overseas territories.
According to Reuters, Rio Tinto has agreed to sell coal assets it bought through a $4 billion acquisition of Riversdale in 2011 for just $50 million to ICVL, ending its ill-fated venture in Mozambique's coal sector.
The sale of Rio Tinto Coal Mozambique to ICVL, includes the Benga coal mine and other projects in Tete province, assets that had a value of $71 million as of March 31 in Rio's books, Reuters further reported.
In 2013, Rio Tinto sacked its chief executive and other executives directly involved in the acquisition of Riversdale and wrote off about $3.5 billion of the purchase price, partly owing to a failure to secure a permit to move coal by barge down Mozambique's Zambezi River, as per Reuters.
According to Sunday morning herald of Australia, “ Rio Tinto has washed its hands of its disastrous $3.9 billion Riversdale Mining acquisition, by announcing a sale of its Mozambique coal assets for just $US50 million ($53 million)”.
Rio Tinto said the sale to ICVL is subject to certain conditions and regulatory approvals and is expected to be completed in the third quarter this year, as per Reuters.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 11 August 14
INDONESIAN THERMAL COAL SWAPS SEEING SOME POSITIVE TREND
COALspot.com: Indonesian coal swaps for average September 2014 increased US$ 0.20 (+0.36%) day on day and US$ 1.30 (+2.41%) per mt week on week. Th ...
Monday, 11 August 14
SGX CFR SOUTH CHINA COAL SWAPS DIRECTION HEADING TO NORTH
COALspot.com: API 8 CFR South China Coal swap for delivery in September 2014 increased US$ 0.50 (+0.74%) day on day and US$ 1.55 (+2.33%)&nbs ...
Monday, 11 August 14
A TALE OF TWO TRADES - EVA TZIMA
COALspot.com: It has without a doubt been “a cruel, cruel summer” for the Dry Bulk market so far and with second hand values still stan ...
Sunday, 10 August 14
FREIGHT RATES FROM INDONESIA TO INDIA IS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com: This week the BDI and other segments saw some improvements. The BDI increased by 3.46 pct week on week and closed at 777 points.
...
Friday, 08 August 14
MINING DISPUTE IS CRIPPLING LOCAL ECONOMIES IN EASTERN INDONESIA - JG
- By Iwan Harsono -
It seems as if there’s no end in sight to the series of negotiations between the government and mining companies about ...
|
|
|
Showing 3551 to 3555 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- The Treasury - Australian Government
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Planning Commission, India
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
|
| |
| |
|