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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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Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
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- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- The University of Queensland
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- White Energy Company Limited
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Australian Coal Association
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
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