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Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received offers to buy properties of mining giants Rio Tinto and Hancock in Australia.
Sources close to the development said Rio Tinto and Hancock are considering selling stakes in some thermal coal assets to Coal India. Hancock and Rio are understood to be among a number of Australian miners that have submitted expressions of interest to sell stakes in mines and projects to CIL.
CIL officials refused to divulge details citing confidentiality issues. “We have had a good response from Australia — better than what we had expected,” an official said. Incidentally, CIL has been made a total of 54 offers for acquiring mining assets in Australia, United States, Indonesia and South Africa.
“A team led by coal minister Shriprakash Jaiswal and CIL chairman & MD Partha S Bhattacharyya, along with Coal Videsh officials, was in Australia last week to look for mining assets,” sources said. CIL is setting up an expert committee to evaluate offers for overseas assets, they added.
“There will be a seven-member committee comprising Coal Videsh and other officials. It will be formed in the next 2-3 days. It will submit the report by March. It is not very easy to identify 7-8 mines from 54 offers,” sources said.
Source: Times of India
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Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
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- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Australian Coal Association
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- PTC India Limited - India
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
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