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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, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
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- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Economic Council, Georgia
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- The University of Queensland
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
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