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Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 billion, the major said on Tuesday, making good on a pledge to exit the fuel.
As reported by Reuters, the sale is Rio’s third coal deal this month. In total, the assets have raised $4.15 billion, which it said would be used for “general corporate purposes”.
Reuters further noted that, CEO Jean-Sebastien Jacques said in a statement the latest sale, combined with Glencore’s (GLEN.L) purchase of Hail Creek mine and the divestment of undeveloped coal projects would make Rio’s portfolio stronger and more focused.
Tuesday’s deal to sell Rio’s 80 percent stake in the underground coal mine in Queensland, Australia, is subject to regulatory approvals and is expected to be completed in the second half of 2018. Rio’s share price was up 2.1 percent by 1400 GMT, roughly in line with the broader index.
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Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
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- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- PTC India Limited - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Central Electricity Authority - India
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