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Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
 COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the end of 2013. Guy Elliott remains on the Boards of Rio Tinto plc and Rio Tinto Ltd until then and has been appointed senior executive director on the Boards. He will continue in his role as CFO until a successor is appointed.
Rio Tinto chairman Jan du Plessis said “Guy has enjoyed an outstanding career during his 32 years at Rio Tinto, which includes ten years on the Board. I would like to thank him on behalf of the Board for his invaluable contribution, particularly in recent years as he helped steer the Group through the global financial crisis and back to a position of financial strength.”
Rio Tinto chief executive Tom Albanese said “Guy is a key member of my executive team and I am grateful for his skilful leadership of the Group’s finances and strategy during some challenging times. I would like to thank him personally for his wise counsel and support and for his commitment to stay with us for another 18 months to ensure a smooth transition."
Rio Tinto Energy's chief executive Doug Ritchie will also take on the new role of group executive Strategy, with responsibility for group strategy and business development. He will take up the London-based role on 1 January 2013. According to RioTinto, Doug Ritchie has more than 25 years of experience in the aluminium, coal, diamonds, industrial minerals and exploration businesses in a number of senior operations and leadership roles. He has held senior roles in strategy and business development, including Strategy managing director before he became Energy chief executive in 2009.
In the meantime, Diamonds and Minerals chief executive Harry Kenyon-Slaney will assume the Brisbane-based role of Energy chief executive from 1 September 2012. Harry Kenyon-Slaney has been with Rio Tinto for 21 years and has previous experience in energy as managing director Energy Resources of Australia Ltd from 2004-2007. Harry has also held senior operational leadership and commercial roles in copper and industrial minerals, including managing director Rio Tinto Iron and Titanium.
Rio Tinto Iron Ore International Operations president Alan Davies will be the new Diamonds & Minerals chief executive from 1 September 2012, based in London, and will join the Executive Committee. Alan Davies will retain responsibility for the Simandou iron ore project. Dampier Salt Ltd will transfer to the Diamonds & Minerals product group from Iron Ore.
Alan Davies has been with Rio Tinto for 15 years and has comprehensive experience in operations, business development and finance in Energy and Iron Ore.
Tom Albanese, Rio Tinto's chief executive said “It’s important to develop people’s careers by giving them new challenges. I congratulate Doug, Harry and Alan on their new appointments.
“Adding a strategy role to the Executive Committee underlines the priority we place on this key area and on continuity of our strategic direction. Guy has done an excellent job leading the strategy team and there will be a seamless handover to Doug, whose thorough knowledge of the business and experience in this area will be invaluable to both the Board and my executive team.
“Doug has a very able successor in the Energy product group in Harry, who brings a range of business skills to the role, including direct experience running Energy Resources of Australia. I welcome Alan to the Executive Committee, and acknowledge the leading role he has played in developing partnerships with the Government of Guinea, Chalco and the International Finance Corporation, and leading the work to develop the Simandou project.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and New York Stock Exchange listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, thermal and metallurgical coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt) and iron ore. Activities span the world and are strongly represented in Australia and North America with significant businesses in Asia, Europe, Africa and South America.
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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Bhatia International Limited - India
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Planning Commission, India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
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