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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, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...
Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...
Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...
Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...
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- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Australian Coal Association
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
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