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Tuesday, 07 October 14
THE RIO TINTO CONFIRMS THAT NO DISCUSSIONS ARE TAKING PLACE WITH GLENCORE
COALspot.com: The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore.The Rio Tinto board confirms that no discussions are taking place with Glencore, company said in it latest press note.
The press note further said, In July 2014, Glencore contacted Rio Tinto regarding a potential merger of Rio Tinto and Glencore. The Rio Tinto board, after consultation with its financial and legal advisers, concluded unanimously that a combination was not in the best interests of Rio Tinto’s shareholders.
The board’s rejection was communicated to Glencore in early August and there has been no further contact between the companies on this matter, company said.
The company further said, Rio Tinto remains focused on the successful execution of its strategy, which the board of Rio Tinto is confident, will continue to deliver significant and sustainable value for shareholders.
Rio Tinto chairman Jan du Plessis said “Under the leadership of Sam Walsh and Chris Lynch, Rio Tinto has made significant progress in refocusing and strengthening its business.
“The board believes that the continued successful execution of Rio Tinto’s strategy will allow Rio Tinto to increase free cash flow significantly in the near term and materially increase returns to shareholders. Rio Tinto’s shareholders stand to benefit from the very considerable value that this will generate.”
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Friday, 10 October 14
INDONESIA TO DEVELOP DOWNSTREAM COAL INDUSTRY - JP
The government is planning to launch a program to develop the downstream coal industry to increase the commodity’s added value, an official h ...
Friday, 10 October 14
U.S. PRODUCED 83.2 MMST OF COAL IN SEPTEMBER, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.6 million short tons (mmst) of coal in ...
Thursday, 09 October 14
CAPESIZE MARKET HAS CONTINUED TO SHOW WEAKNESS - FEARNLEYS
Handy
We mentioned last week that after several weeks of rate increase for the Supras, the bigger Panamaxes started to snap up better paying Supr ...
Thursday, 09 October 14
SHIPPING REMAINS CHALLENGED AS GLOBAL GROWTH DISAPPOINTS - BIMCO
The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. ...
Wednesday, 08 October 14
CAPES RATE FOR THE W. AUSTRALIA TO CHINA VOYAGE MOVED TO BELOW $8/MT - INTERMODAL
The Dry Bulk market remained under pressure last week, with rates for Capes remaining on the red while those for Panamaxes managed to outperform th ...
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- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- PTC India Limited - India
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
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