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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, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE
Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the risin ...
Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
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- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Deloitte Consulting - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
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