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

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 ...


   1270 1271 1272 1273 1274   
Showing 6356 to 6360 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 ...

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