COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...


Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...


Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...


Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...


Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...


   1180 1181 1182 1183 1184   
Showing 5906 to 5910 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Pendopo Energi Batubara - Indonesia
  • SASOL - South Africa
  • CoalTek, United States
  • Runge Indonesia
  • Salva Resources Pvt Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • Australian Commodity Traders Exchange
  • International Coal Ventures Pvt Ltd - India
  • Coal Orbis AG
  • SMG Consultants - Indonesia
  • Argus Media - Singapore
  • White Energy Company Limited
  • NALCO India
  • Metalloyd Limited - United Kingdom
  • KOWEPO - South Korea
  • Orica Australia Pty. Ltd.
  • Samsung - South Korea
  • Deloitte Consulting - India
  • Straits Asia Resources Limited - Singapore
  • Ind-Barath Power Infra Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Mercuria Energy - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Karbindo Abesyapradhi - Indoneisa
  • Bank of China, Malaysia
  • Thriveni
  • Meenaskhi Energy Private Limited - India
  • Noble Europe Ltd - UK
  • Kohat Cement Company Ltd. - Pakistan
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Jindal Steel & Power Ltd - India
  • Coeclerici Indonesia
  • Vale Mozambique
  • Carbofer General Trading SA - India
  • Vitol - Bahrain
  • Thermax Limited - India
  • GNFC Limited - India
  • Romanian Commodities Exchange
  • The University of Queensland
  • Indian School of Mines
  • Rashtriya Ispat Nigam Limited - India
  • Directorate Of Revenue Intelligence - India
  • London Commodity Brokers - England
  • PLN - Indonesia
  • Panama Canal Authority
  • Economic Council, Georgia
  • GHCL Limited - India
  • Kobexindo Tractors - Indoneisa
  • Thiess Contractors Indonesia
  • Indogreen Group - Indonesia
  • ING Bank NV - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • KEPCO - South Korea
  • SRK Consulting
  • EIA - United States
  • TRAFIGURA, South Korea
  • UBS Singapore
  • Larsen & Toubro Limited - India
  • Bangkok Bank PCL
  • Price Waterhouse Coopers - Russia
  • Renaissance Capital - South Africa
  • Merrill Lynch Bank
  • TNPL - India
  • Karaikal Port Pvt Ltd - India
  • Africa Commodities Group - South Africa
  • Aboitiz Power Corporation - Philippines
  • Shenhua Group - China
  • Bayan Resources Tbk. - Indonesia
  • Kumho Petrochemical, South Korea
  • Enel Italy
  • Bhatia International Limited - India
  • Lanco Infratech Ltd - India
  • Medco Energi Mining Internasional
  • CCIC - Indonesia
  • UOB Asia (HK) Ltd
  • Sarangani Energy Corporation, Philippines
  • Cargill India Pvt Ltd
  • Adaro Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Standard Chartered Bank - UAE
  • Britmindo - Indonesia
  • Samtan Co., Ltd - South Korea
  • Freeport Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • J M Baxi & Co - India
  • Glencore India Pvt. Ltd
  • Siam City Cement PLC, Thailand
  • Maruti Cements - India
  • Gujarat Sidhee Cement - India
  • Arch Coal - USA
  • Barclays Capital - USA
  • Mitsui
  • Global Coal Blending Company Limited - Australia
  • LBH Netherlands Bv - Netherlands
  • Antam Resourcindo - Indonesia
  • Sojitz Corporation - Japan
  • Energy Link Ltd, New Zealand
  • World Coal - UK
  • Maheswari Brothers Coal Limited - India
  • Bukit Makmur.PT - Indonesia
  • IHS Mccloskey Coal Group - USA
  • SGS (Thailand) Limited
  • Sucofindo - Indonesia
  • Cosco
  • McConnell Dowell - Australia
  • Surastha Cement
  • Iligan Light & Power Inc, Philippines
  • The State Trading Corporation of India Ltd
  • Malco - India
  • SUEK AG - Indonesia
  • Malabar Cements Ltd - India
  • Fearnleys - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Maersk Broker
  • Star Paper Mills Limited - India
  • ANZ Bank - Australia
  • Ministry of Mines - Canada
  • Baramulti Group, Indonesia
  • Russian Coal LLC
  • Japan Coal Energy Center
  • Total Coal South Africa
  • Neyveli Lignite Corporation Ltd, - India
  • Mitsubishi Corporation
  • Meralco Power Generation, Philippines
  • Bank of America
  • PTC India Limited - India
  • Jatenergy - Australia
  • Wood Mackenzie - Singapore
  • Global Business Power Corporation, Philippines
  • Videocon Industries ltd - India
  • Thailand Anthracite
  • World Bank
  • Bangladesh Power Developement Board
  • Eastern Energy - Thailand
  • Barasentosa Lestari - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Planning Commission, India
  • Permata Bank - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Makarim & Taira - Indonesia
  • Georgia Ports Authority, United States
  • Xindia Steels Limited - India
  • Bhoruka Overseas - Indonesia
  • Tamil Nadu electricity Board
  • PetroVietnam
  • CIMB Investment Bank - Malaysia
  • IMC Shipping - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • Ministry of Finance - Indonesia
  • South Luzon Thermal Energy Corporation
  • India Bulls Power Limited - India
  • Riau Bara Harum - Indonesia
  • Central Electricity Authority - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Reliance Power - India
  • Toyota Tsusho Corporation, Japan
  • IEA Clean Coal Centre - UK
  • CNBM International Corporation - China
  • Kideco Jaya Agung - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Ince & co LLP
  • Xstrata Coal
  • Chamber of Mines of South Africa
  • Ernst & Young Pvt. Ltd.
  • TNB Fuel Sdn Bhd - Malaysia
  • Power Finance Corporation Ltd., India
  • Shree Cement - India
  • Indian Energy Exchange, India
  • RBS Sempra - UK
  • Peabody Energy - USA
  • Mintek Dendrill Indonesia
  • Oldendorff Carriers - Singapore
  • Trasteel International SA, Italy
  • Eastern Coal Council - USA
  • Cardiff University - UK
  • Minerals Council of Australia
  • Mercator Lines Limited - India
  • Interocean Group of Companies - India
  • TGV SRAAC LIMITED, India
  • Asmin Koalindo Tuhup - Indonesia
  • Indian Oil Corporation Limited
  • Edison Trading Spa - Italy
  • Energy Development Corp, Philippines
  • Electricity Authority, New Zealand
  • Heidelberg Cement - Germany
  • Maybank - Singapore
  • OCBC - Singapore
  • Uttam Galva Steels Limited - India
  • Clarksons - UK
  • globalCOAL - UK
  • U S Energy Resources
  • PowerSource Philippines DevCo
  • Inco-Indonesia
  • Kobe Steel Ltd - Japan
  • EMO - The Netherlands
  • ICICI Bank Limited - India
  • Semirara Mining Corp, Philippines
  • Tata Power - India
  • SMC Global Power, Philippines
  • Parry Sugars Refinery, India
  • SN Aboitiz Power Inc, Philippines
  • Goldman Sachs - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • ETA - Dubai
  • Altura Mining Limited, Indonesia
  • The Treasury - Australian Government
  • IOL Indonesia
  • VISA Power Limited - India
  • Mechel - Russia
  • Savvy Resources Ltd - HongKong
  • Core Mineral Indonesia
  • bp singapore
  • Infraline Energy - India
  • Simpson Spence & Young - Indonesia
  • Petron Corporation, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Agrawal Coal Company - India
  • Manunggal Multi Energi - Indonesia
  • Grasim Industreis Ltd - India
  • PNOC Exploration Corporation - Philippines
  • Siam City Cement - Thailand
  • GB Group - China
  • Banpu Public Company Limited - Thailand
  • APGENCO India
  • Ambuja Cements Ltd - India
  • Bhushan Steel Limited - India
  • Binh Thuan Hamico - Vietnam
  • GMR Energy Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Coal and Oil Company - UAE
  • San Jose City I Power Corp, Philippines
  • Global Green Power PLC Corporation, Philippines
  • Platts
  • Berau Coal - Indonesia
  • Platou - Singapore
  • ACC Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Rudhra Energy - India
  • The India Cements Ltd
  • European Bulk Services B.V. - Netherlands
  • Singapore Mercantile Exchange
  • Latin American Coal - Colombia
  • IBC Asia (S) Pte Ltd
  • Borneo Indobara - Indonesia
  • Petrosea - Indonesia
  • Tanito Harum - Indonesia
  • Orica Mining Services - Indonesia
  • Mjunction Services Limited - India
  • Sical Logistics Limited - India
  • Asian Development Bank
  • Alfred C Toepfer International GmbH - Germany
  • Australian Coal Association
  • Coaltrans Conferences
  • Cemex - Philippines
  • Attock Cement Pakistan Limited
  • Ceylon Electricity Board - Sri Lanka
  • Coalindo Energy - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Indorama - Singapore
  • Sinarmas Energy and Mining - Indonesia
  • Dalmia Cement Bharat India
  • Jaiprakash Power Ventures ltd
  • Deutsche Bank - India
  • McKinsey & Co - India
  • HSBC - Hong Kong
  • BRS Brokers - Singapore
  • Ministry of Transport, Egypt
  • KPMG - USA
  • Parliament of New Zealand
  • Therma Luzon, Inc, Philippines
  • Pinang Coal Indonesia
  • Aditya Birla Group - India
  • Marubeni Corporation - India
  • NTPC Limited - India
  • Adani Power Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • CESC Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Merrill Lynch Commodities Europe
  • Commonwealth Bank - Australia
  • Bulk Trading Sa - Switzerland
  • Inspectorate - India
  • Timah Investasi Mineral - Indoneisa
  • Thomson Reuters GRC
  • GN Power Mariveles Coal Plant, Philippines
  • MS Steel International - UAE
  • Mitra SK Pvt Ltd - India
  • ASAPP Information Group - India
  • Idemitsu - Japan
  • TeaM Sual Corporation - Philippines
  • Indonesian Coal Mining Association
  • Rio Tinto Coal - Australia
  • Sakthi Sugars Limited - India
  • Vedanta Resources Plc - India
  • Anglo American - United Kingdom
  • Port Waratah Coal Services - Australia
  • Gujarat Electricity Regulatory Commission - India
  • Vizag Seaport Private Limited - India
  • MEC Coal - Indonesia
  • Posco Energy - South Korea
  • Formosa Plastics Group - Taiwan
  • Essar Steel Hazira Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Kaltim Prima Coal - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indonesia Power. PT
  • Bharathi Cement Corporation - India
  • Wilmar Investment Holdings
  • DBS Bank - Singapore
  • Independent Power Producers Association of India
  • Asia Cement - Taiwan
  • Kartika Selabumi Mining - Indonesia
  • Geoservices-GeoAssay Lab
  • Thai Mozambique Logistica
  • JPMorgan - India
  • Electricity Generating Authority of Thailand
  • New Zealand Coal & Carbon
  • Indika Energy - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Chettinad Cement Corporation Ltd - India
  • Coastal Gujarat Power Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Gresik Semen - Indonesia
  • Madhucon Powers Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • JPower - Japan
  • BNP Paribas - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Gupta Coal India Ltd
  • Intertek Mineral Services - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • GVK Power & Infra Limited - India
  • Lafarge - France
  • Bahari Cakrawala Sebuku - Indonesia
  • Coal India Limited
  • TANGEDCO India
  • Qatrana Cement - Jordan
  • Credit Suisse - India
  • PLN Batubara - Indonesia
  • Cement Manufacturers Association - India
  • Cebu Energy, Philippines
  • Moodys - Singapore
  • Sindya Power Generating Company Private Ltd
  • KPCL - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Tata Chemicals Ltd - India
  • Central Java Power - Indonesia
  • Humpuss - Indonesia
  • WorleyParsons
  • Arutmin Indonesia