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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, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
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- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Planning Commission, India
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
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