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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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Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
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- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Interocean Group of Companies - India
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