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Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and coal-based power plant in Indonesia at a cost of $4 billion.
The winning consultant will have eight months to prepare a detailed report for the project, which includes a 0.5 million metric ton-capacity smelter and a 1,250-megawatt plant in east Kalimantan province, according to the tender document posted on the company’s Web site today.
The Bhubaneswar, India-based company, which has alumina output of 2.1 million tons, plans to export 0.5 million tons to Indonesia after the smelter’s initial aluminum capacity of 0.25 million tons comes on stream.
The company will also require about 4 million tons of coal for the plant and has signed an agreement with Middle East Coal Pte to provide the fuel, the document, said.
The consultants have till March 2 to submit bids for the project, which will be built in two phases.
Source: Bloomberg
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Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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