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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, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
Friday, 02 July 10
MINERALS RESOURCE TAXATION IN AUSTRALIA - PRESS RELEASE
Press Release : Rio Tinto acknowledges the Australian Government’s announcement that the Resource Super Profits Tax (RSPT) proposal will be re ...
Thursday, 01 July 10
TATA POWER TO RAISE US$300 MILLION THROUGH ITS COAL SPVS TO FUND ADDITIONAL ACQUISITIONS AND / OR REDUCE OUTSTANDING DEBT
Stock Markets Review reported that, Tata Power, India’s largest private power player has signed an agreement to raise US$300 million in Bhira ...
Thursday, 01 July 10
HELLENIC SHIPPING NEWS POLL: THE BDI WILL STAY ABOVE 3,000 POINTS IN THE SECOND HALF OF 2010
When Hellenic Shipping News Worldwide prepared June’s poll asking readers about where do they think that the Baltic Dry Index (BDI) will range ...
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ...
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- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Planning Commission, India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
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