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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, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...
Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...
Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...
Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...
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- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- The University of Queensland
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
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