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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, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...
Wednesday, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...
Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
Souce: Insider Stories
Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...
Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
Source: Insider Stories
Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...
Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...
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- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- PTC India Limited - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
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