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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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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
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- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Eastern Coal Council - USA
- PTC India Limited - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- White Energy Company Limited
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Australian Coal Association
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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