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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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Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
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Showing 6 to 10 news of total 6846 |
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- Siam City Cement PLC, Thailand
- Australian Coal Association
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
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