We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
 Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generation Limited (RG), an Australian coal mining company for about A$ 0.575 per share, aggregating to A$10.5 Mn (Rs.45 crore).
An affiliate company of power producer CESC Ltd, ICML has inked an offshore coal procurement contract with RG to purchase 37 million tonne (MT) coal over 20 years from RGL’s Boikarabelo mine in South Africa. ICML will purchase a mln MT of thermal coal per annum for three years and two MTPA for a further 17 years.
The coal will feed future greenfield projects in Haldia in Bengal and Chandrapura in Maharashtra of RPG flagship CESC. CESC owns around 26% in ICML, while for RG, this is a major step in its plan to establish its Boikarabelo mine as a significant supplier of coal for both export and South Africa’s domestic markets.
CESC is a power utility company, with an installed capacity of 1,225 MW in Kolkata and Howrah and this acquisition will enable CESC to increase its capacity to 5,745 MW.
RG is dual-listed company on the Australian and Johannesburg stock exchanges, with coal mining assets in Tasmania in Australia and in South Africa. It also has uranium exploration projects in central-west Africa’s Cameroon.
The coal purchases will begin when the Boikarabelo mine commences production, scheduled for early 2013. The price will be agreed annually, based on the international benchmark price at the time.
The mine is in the Waterberg region of South Africa, one of the country’s largest remaining coal deposits. It is estimated to have 603 MT of reserves, about 40% of South Africa’s untapped coal mines of around 1500 MT.
The international coal sector has seen active participation from Indian steel,coke manufacturers and power generation companies.
This year in April, JSW Energy Ltd acquired 49.8% stake in Royal Bafokeng Capital (Proprietary) Ltd that owns shares in South African Coal Mining Holdings Ltd from Strider Holdings (Proprietary) Ltd. Essar group bought US based Trinity Coal for $600mn and an Indonesian mine $200mn.
Tata Steel has also decided to acquire 80% in the direct shipping ore project of New Millennium Capital Corp, Canada (NML).
Source: Dealcurry
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...
Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...
Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports. "Pakistan's tota ...
Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy
The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...
Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
|
|
|
Showing 5641 to 5645 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
|
| |
| |
|
