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Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian newspaper reported the two companies were negotiating a $1-billion deal that would give Coal India a stake in four Australian coal mines.
“Coal India and Peabody are in a broad range of preliminary discussions to explore long-term coal supplies and other possible cooperative ventures,” Peabody said in a statement.
“These are at very early stages and there have been no final agreements or decisions made regarding timing or structure.”
The company said it “recognises” the growing long-term coal demand in India, which may be the world's fastest growing coal importer.
Peabody is in the middle of a hostile takeover bid for Australia's Macarthur Coal, which rejected the company's initial proposal, as well as a sweetened offer announced last week.
Another coal producer, New Hope Corp has also made an offer for Macarthur, but the company says it plans to go ahead with its own takeover of rival Gloucester Coal instead. Xstrata is also expected to make an offer for Macarthur, although it has not done so yet.
The discussions with Coal India are “unrelated to other potential transactions” that Peabody has been engaged in, the firm said on Monday.
According to the article in the Sydney Morning Herald, the deal being negotiated between Peabody and Coal India could involve assets in the US and Indonesia as well as Australia, and included both metallurgical and thermal coal operations.
The report cited comments by Phalguni Guha, the chief general manager of Coal India's foreign-venture arm.
Shares in Peabody Energy rose 3,95% on Monday, to $48,18 apiece by 11:36 in New York.
Source: Mining Weekly (By: Liezel Hill)
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Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
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- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
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