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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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Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
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- Orica Mining Services - Indonesia
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
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- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
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- MS Steel International - UAE
- The University of Queensland
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
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- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
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- Oldendorff Carriers - Singapore
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- Merrill Lynch Commodities Europe
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- Maheswari Brothers Coal Limited - India
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- PTC India Limited - India
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- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
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- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
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- The State Trading Corporation of India Ltd
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- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Aditya Birla Group - India
- Electricity Authority, New Zealand
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- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
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- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Economic Council, Georgia
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- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
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- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
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- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Australian Coal Association
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
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- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Medco Energi Mining Internasional
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- Altura Mining Limited, Indonesia
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- Aboitiz Power Corporation - Philippines
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- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
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- Australian Commodity Traders Exchange
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- Metalloyd Limited - United Kingdom
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- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
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