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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, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
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- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Parliament of New Zealand
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- Mercuria Energy - Indonesia
- Deloitte Consulting - India
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- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
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- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
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- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Latin American Coal - Colombia
- Chamber of Mines of South Africa
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- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
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- New Zealand Coal & Carbon
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- Gujarat Electricity Regulatory Commission - India
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- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
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- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
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- Posco Energy - South Korea
- Coal and Oil Company - UAE
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- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
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- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
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- SMC Global Power, Philippines
- MS Steel International - UAE
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- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
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- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
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- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Planning Commission, India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- The University of Queensland
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- SMG Consultants - Indonesia
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