COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER


Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands Richfield Ltd, above an earlier offer from Jindal Steel & Power.

Essar on Sunday offered Rocklands A$0.50 per share, trumping a A$0.42 per share bid launched by Jindal in September, coke producer and coal explorer Rocklands said in a statement on Wednesday.

The takeover tussle comes as Indian steel mills ramp up their search for raw material overseas in a bid to feed voracious domestic demand for steel.

Australia is the world's largest coal exporter and has vast resources of quality coking coal, used in steel making.

Indian power companies have also in recent months expressed an interest in buying Australia's coal assets, as forecasts of India's huge growth in power consumption have also sparked concerns of a spike in coal prices over the next few years.

Perth-based Rocklands, which had previously agreed to Jindal's deal, said it would hold a board meeting to consider the merits of the competing proposals.

Shares in Rocklands, closed 17.14 percent higher at A$0.41, outperforming the broader Australian market that settled up 2.3 percent.

The current annual trade in seaborne coking coal is about 250 million tonnes, of which about 130 million tonnes comes from Australian mines operated by companies such as BHP Billiton, Xstrata Plc and Peabody Energy Corp. India consumes about 59 million tonnes.
Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 04 November 09
BAKRIE MAY WIN BERAU COAL BID FROM ARMADIAN
The Bakrie group is likely to be selected as buyer of PT Berau Coal, the country’s fifth-largest coal producer, two people familiar with the m ...


Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...


Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...


Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...


Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...


   1254 1255 1256 1257 1258   
Showing 6276 to 6280 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • LBH Netherlands Bv - Netherlands
  • Total Coal South Africa
  • Anglo American - United Kingdom
  • TNB Fuel Sdn Bhd - Malaysia
  • Price Waterhouse Coopers - Russia
  • Runge Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • IHS Mccloskey Coal Group - USA
  • Lanco Infratech Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • India Bulls Power Limited - India
  • Australian Coal Association
  • Mitsui
  • Indonesian Coal Mining Association
  • Freeport Indonesia
  • Mercator Lines Limited - India
  • Ministry of Transport, Egypt
  • GMR Energy Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Metalloyd Limited - United Kingdom
  • Kobe Steel Ltd - Japan
  • Tamil Nadu electricity Board
  • Essar Steel Hazira Ltd - India
  • Mitra SK Pvt Ltd - India
  • Glencore India Pvt. Ltd
  • EIA - United States
  • Latin American Coal - Colombia
  • Ernst & Young Pvt. Ltd.
  • Timah Investasi Mineral - Indoneisa
  • MEC Coal - Indonesia
  • APGENCO India
  • Singapore Mercantile Exchange
  • Directorate Of Revenue Intelligence - India
  • The India Cements Ltd
  • European Bulk Services B.V. - Netherlands
  • Aboitiz Power Corporation - Philippines
  • Edison Trading Spa - Italy
  • SMC Global Power, Philippines
  • J M Baxi & Co - India
  • Jaiprakash Power Ventures ltd
  • RBS Sempra - UK
  • Pinang Coal Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Thailand Anthracite
  • Siam City Cement PLC, Thailand
  • Globalindo Alam Lestari - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Eastern Energy - Thailand
  • PLN - Indonesia
  • Baramulti Group, Indonesia
  • Simpson Spence & Young - Indonesia
  • Australian Commodity Traders Exchange
  • Vale Mozambique
  • UOB Asia (HK) Ltd
  • McKinsey & Co - India
  • Samtan Co., Ltd - South Korea
  • TRAFIGURA, South Korea
  • Directorate General of MIneral and Coal - Indonesia
  • Asia Cement - Taiwan
  • Energy Development Corp, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Formosa Plastics Group - Taiwan
  • Cebu Energy, Philippines
  • Petron Corporation, Philippines
  • SMG Consultants - Indonesia
  • Trasteel International SA, Italy
  • Ministry of Finance - Indonesia
  • Jatenergy - Australia
  • Bukit Baiduri Energy - Indonesia
  • Sical Logistics Limited - India
  • Tata Power - India
  • PLN Batubara - Indonesia
  • TeaM Sual Corporation - Philippines
  • Interocean Group of Companies - India
  • Eastern Coal Council - USA
  • KPMG - USA
  • Maheswari Brothers Coal Limited - India
  • Arch Coal - USA
  • OPG Power Generation Pvt Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • CIMB Investment Bank - Malaysia
  • Manunggal Multi Energi - Indonesia
  • SGS (Thailand) Limited
  • Inspectorate - India
  • The University of Queensland
  • Heidelberg Cement - Germany
  • Indonesia Power. PT
  • Kohat Cement Company Ltd. - Pakistan
  • NALCO India
  • Altura Mining Limited, Indonesia
  • Meenaskhi Energy Private Limited - India
  • Noble Europe Ltd - UK
  • Makarim & Taira - Indonesia
  • Cosco
  • Tanito Harum - Indonesia
  • Bharathi Cement Corporation - India
  • Indian School of Mines
  • Dalmia Cement Bharat India
  • New Zealand Coal & Carbon
  • DBS Bank - Singapore
  • Borneo Indobara - Indonesia
  • Clarksons - UK
  • Coal Orbis AG
  • Siam City Cement - Thailand
  • Fearnleys - India
  • Maersk Broker
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Rio Tinto Coal - Australia
  • Bulk Trading Sa - Switzerland
  • Indo Tambangraya Megah - Indonesia
  • Enel Italy
  • Petrosea - Indonesia
  • IOL Indonesia
  • South Luzon Thermal Energy Corporation
  • ASAPP Information Group - India
  • Central Electricity Authority - India
  • GVK Power & Infra Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Vizag Seaport Private Limited - India
  • Salva Resources Pvt Ltd - India
  • Shenhua Group - China
  • WorleyParsons
  • VISA Power Limited - India
  • Coal India Limited
  • Electricity Generating Authority of Thailand
  • Core Mineral Indonesia
  • Mechel - Russia
  • Grasim Industreis Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Semirara Mining Corp, Philippines
  • Semirara Mining and Power Corporation, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • SUEK AG - Indonesia
  • IEA Clean Coal Centre - UK
  • Adani Power Ltd - India
  • Indian Oil Corporation Limited
  • Electricity Authority, New Zealand
  • Barclays Capital - USA
  • Bukit Makmur.PT - Indonesia
  • Reliance Power - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Humpuss - Indonesia
  • Vitol - Bahrain
  • Shree Cement - India
  • Credit Suisse - India
  • The State Trading Corporation of India Ltd
  • Coalindo Energy - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Sindya Power Generating Company Private Ltd
  • Bhoruka Overseas - Indonesia
  • Platou - Singapore
  • Argus Media - Singapore
  • KPCL - India
  • World Bank
  • EMO - The Netherlands
  • Malco - India
  • Bhatia International Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Medco Energi Mining Internasional
  • Thiess Contractors Indonesia
  • Geoservices-GeoAssay Lab
  • Coal and Oil Company - UAE
  • Planning Commission, India
  • Madhucon Powers Ltd - India
  • Aditya Birla Group - India
  • Economic Council, Georgia
  • Sojitz Corporation - Japan
  • PetroVietnam
  • Power Finance Corporation Ltd., India
  • U S Energy Resources
  • NTPC Limited - India
  • Merrill Lynch Bank
  • Kartika Selabumi Mining - Indonesia
  • CESC Limited - India
  • Lafarge - France
  • BNP Paribas - Singapore
  • Marubeni Corporation - India
  • JPower - Japan
  • Meralco Power Generation, Philippines
  • Commonwealth Bank - Australia
  • Kaltim Prima Coal - Indonesia
  • Central Java Power - Indonesia
  • Adaro Indonesia
  • Wilmar Investment Holdings
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Sarangani Energy Corporation, Philippines
  • Kobexindo Tractors - Indoneisa
  • bp singapore
  • Holcim Trading Pte Ltd - Singapore
  • Deloitte Consulting - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • ETA - Dubai
  • Peabody Energy - USA
  • International Coal Ventures Pvt Ltd - India
  • Rudhra Energy - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Thriveni
  • Global Business Power Corporation, Philippines
  • IBC Asia (S) Pte Ltd
  • Toyota Tsusho Corporation, Japan
  • World Coal - UK
  • KEPCO - South Korea
  • Tata Chemicals Ltd - India
  • Panama Canal Authority
  • Neyveli Lignite Corporation Ltd, - India
  • Parliament of New Zealand
  • Cement Manufacturers Association - India
  • Larsen & Toubro Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Ind-Barath Power Infra Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Coaltrans Conferences
  • Samsung - South Korea
  • KOWEPO - South Korea
  • GHCL Limited - India
  • Independent Power Producers Association of India
  • Maharashtra Electricity Regulatory Commission - India
  • Riau Bara Harum - Indonesia
  • Agrawal Coal Company - India
  • Malabar Cements Ltd - India
  • Thermax Limited - India
  • PNOC Exploration Corporation - Philippines
  • Japan Coal Energy Center
  • Orica Australia Pty. Ltd.
  • Kalimantan Lumbung Energi - Indonesia
  • CNBM International Corporation - China
  • OCBC - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Antam Resourcindo - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Ince & co LLP
  • Maybank - Singapore
  • JPMorgan - India
  • San Jose City I Power Corp, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • White Energy Company Limited
  • PTC India Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Straits Asia Resources Limited - Singapore
  • Gupta Coal India Ltd
  • Cargill India Pvt Ltd
  • Indorama - Singapore
  • Banpu Public Company Limited - Thailand
  • Platts
  • Russian Coal LLC
  • PetroVietnam Power Coal Import and Supply Company
  • IMC Shipping - Singapore
  • MS Steel International - UAE
  • Georgia Ports Authority, United States
  • Infraline Energy - India
  • Gujarat Sidhee Cement - India
  • ICICI Bank Limited - India
  • Kideco Jaya Agung - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Cemex - Philippines
  • Surastha Cement
  • SRK Consulting
  • Orica Mining Services - Indonesia
  • Asian Development Bank
  • Iligan Light & Power Inc, Philippines
  • London Commodity Brokers - England
  • Vijayanagar Sugar Pvt Ltd - India
  • Coastal Gujarat Power Limited - India
  • Bhushan Steel Limited - India
  • Coeclerici Indonesia
  • Gresik Semen - Indonesia
  • Thai Mozambique Logistica
  • Mjunction Services Limited - India
  • Binh Thuan Hamico - Vietnam
  • Savvy Resources Ltd - HongKong
  • Sakthi Sugars Limited - India
  • Bangladesh Power Developement Board
  • Ambuja Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • Wood Mackenzie - Singapore
  • Energy Link Ltd, New Zealand
  • Mintek Dendrill Indonesia
  • Barasentosa Lestari - Indonesia
  • Xindia Steels Limited - India
  • Arutmin Indonesia
  • Karaikal Port Pvt Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • TNPL - India
  • Xstrata Coal
  • Intertek Mineral Services - Indonesia
  • Bank of China, Malaysia
  • PowerSource Philippines DevCo
  • Mercuria Energy - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Posco Energy - South Korea
  • HSBC - Hong Kong
  • GNFC Limited - India
  • Africa Commodities Group - South Africa
  • Thomson Reuters GRC
  • Indogreen Group - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Videocon Industries ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Idemitsu - Japan
  • Therma Luzon, Inc, Philippines
  • Parry Sugars Refinery, India
  • Moodys - Singapore
  • Indian Energy Exchange, India
  • SN Aboitiz Power Inc, Philippines
  • Oldendorff Carriers - Singapore
  • Bangkok Bank PCL
  • Minerals Council of Australia
  • Cardiff University - UK
  • Star Paper Mills Limited - India
  • Attock Cement Pakistan Limited
  • Standard Chartered Bank - UAE
  • TGV SRAAC LIMITED, India
  • Bank of America
  • The Treasury - Australian Government
  • Bayan Resources Tbk. - Indonesia
  • Chamber of Mines of South Africa
  • globalCOAL - UK
  • Mitsubishi Corporation
  • BRS Brokers - Singapore
  • Sucofindo - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Pendopo Energi Batubara - Indonesia
  • Permata Bank - Indonesia
  • Britmindo - Indonesia
  • ACC Limited - India
  • CoalTek, United States
  • Carbofer General Trading SA - India
  • Jindal Steel & Power Ltd - India
  • ANZ Bank - Australia
  • Vedanta Resources Plc - India
  • ING Bank NV - Singapore
  • Uttam Galva Steels Limited - India
  • Indika Energy - Indonesia
  • Maruti Cements - India
  • Qatrana Cement - Jordan
  • SASOL - South Africa
  • Ministry of Mines - Canada
  • Merrill Lynch Commodities Europe
  • Goldman Sachs - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • CCIC - Indonesia
  • Renaissance Capital - South Africa
  • Kumho Petrochemical, South Korea
  • Inco-Indonesia
  • TANGEDCO India
  • Berau Coal - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Deutsche Bank - India
  • Romanian Commodities Exchange
  • GB Group - China
  • McConnell Dowell - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • UBS Singapore