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Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States.
The Business Standard reported Saturday that CIL's interest in U.S. energy assets follows its activities in acquiring coal sites in Indonesia and Australia and after the company established a fully owned subsidiary in Mozambique for exploration of two coal concessions.
CIL Chairman Partha S. Bhattacharyya commented, "We are negotiating with US coal mining firms. They have responded to our global expressions of interest. The modalities for the partnership are yet to be finalized. CIL may either go for outright purchase of operational coal mines or pick up certain equity in U.S. mining properties.
" While Bhattacharyya declined to provide figures for CIL's import targets, sources speaking off the record remarked that the company aimed to import around 50 million tons of coal annually from various overseas locations by 2016-17 and that consequently CIL had established a $1 billion to 1.5 billion investment fund for purchasing overseas coal assets.
Source: UPI
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Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...
Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...
Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...
Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space
* RBCT must approve any change of ownership
Reuters reported that, South Africa's Shanduka Co ...
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- New Zealand Coal & Carbon
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- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
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- Banpu Public Company Limited - Thailand
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- Singapore Mercantile Exchange
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