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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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Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...
Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...
Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...
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- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Videocon Industries ltd - India
- Sical Logistics Limited - India
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