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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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Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...
Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...
Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon
Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal.
...
Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy
Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China.
Supramax vessels open in the USG are achievi ...
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- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
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- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Wood Mackenzie - Singapore
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- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Orica Mining Services - Indonesia
- Economic Council, Georgia
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- ICICI Bank Limited - India
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- Wilmar Investment Holdings
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- McConnell Dowell - Australia
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- Attock Cement Pakistan Limited
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- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
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- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
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- Kepco SPC Power Corporation, Philippines
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- Billiton Holdings Pty Ltd - Australia
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- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
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- Independent Power Producers Association of India
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- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
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- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- The University of Queensland
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
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