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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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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Australian Coal Association
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- The University of Queensland
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Eastern Coal Council - USA
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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