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Thursday, 03 March 16
RIO TINTO COMPLETES SALE OF INTEREST IN BENGALLA JOINT VENTURE FOR US$616.7 MILLION
 COALspot.com: Rio Tinto has completed the sale of its 40 per cent interest in the Bengalla coal Joint Venture in Australia to New Hope Corporation Limited for US$616.7 million (Sale consideration is AU$865 million converted into US$616.7 million at the spot rate of 0.713).
According Rio’s press release, Rio Tinto has now announced or completed US$4.7 billion (Amount is before finalization of net debt and working capital adjustments) of divestments since January 2013.
A change to the ownership structure of Coal & Allied completed on 3 February 2016 helped enable this transaction. Rio Tinto as a 100 per cent owner of Coal & Allied:
- receives all consideration associated with the sale of Rio Tinto’s interest in the Bengalla Joint Venture;
- holds a 67.6 per cent interest with management rights in the Hunter Valley Operations mine;
- holds interests of 80 per cent and 55.6 per cent respectively, with management rights, in the integrated Mount Thorley and Warkworth operations; and
- currently holds 100 per cent interest in the Mount Pleasant project. On 27 January Rio Tinto announced it had reached a binding agreement for the sale of Mount Pleasant to MACH Energy Australia for US$224 million plus royalties. The sale is expected to close in the second half of 2016.
Mitsubishi Development has moved from holding a 20 per cent stake in Coal & Allied to holding a direct 32.4 per cent stake in the Hunter Valley Operations mine.
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Thursday, 03 March 16
BDI FURTHER STRENGTHENING; THE INCREASE IN RATES WAS NOT SUBSTANTIAL
COALspot.com: The BDI closed off on a positive note for a second week in a row, further strengthening the belief that the market might be bottoming ...
Wednesday, 02 March 16
RE-EVALUATION OF MINING LICENSES CLEAN AND CLEAR STATUS IN INDONESIA
COALspot.com: In connection with the transfer of mining authority from Regents/Mayors to Governors1 and from Regents/Mayors and Governors to t ...
Wednesday, 02 March 16
OIL MY GOD.....!!!!
OIL my GOD….!!!!
The oil price “crash” that started in 2014 was caused by a glut of practically unwanted oil. Producers had be ...
Tuesday, 01 March 16
CS 42 (4200 GAR) COAL INDEX CLOSED AT US$ 27.11 A TON ON 26 FEBRUARY
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.31 percent week over week to averaging $38.77 per ton on this past Friday, ...
Tuesday, 01 March 16
CAN BULKCARRIER SUPPLY CUTS RESTORE SOME BALANCE? - CLARKSONS
The easing in bulkcarrier deliveries and the accelerated pace of demolition in recent years has seen bulkcarrier fleet growth slow from a rapid 17% ...
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Showing 2541 to 2545 news of total 6871 |
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- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Australian Coal Association
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- The University of Queensland
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
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