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Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody.
Coal India chairman Partha Bhattacharyya said, “Peabody is going ahead, discussions are becoming quite fruitful. Hopefully, it will be concluded this fiscal.”
The Coal India chief said his firm was also looking at “a specific property” of US-based Massey Energy.
This apart, CIL may begin talks with the Indonesian government in January for a proposed venture with PT Tambang Batubara Bukit Asam, according to sources.
Officials said talks started last month for a stake-cum-long-term coal purchase deal with Peabody. Japanese and Chinese firms have had similar deals with many major Australian miners. Last month, CIL raised over Rs 15,200 crore from its IPO and is looking at as many as five overseas buys, sources said.
Bhattacharyya said Peabody had offered 10 per cent in one of its companies and “we are trying to make it a little more, so that we have representation on the board”.
Peabody Energy, which runs eight mines in the Australian states of Queensland and New South Wales, said it did not comment on market speculation.
Domestic firms, including CIL, Steel Authority of India Ltd and Tata Steel, have been looking to enter Australia’s coal sector for many years.
In July last year, CIL announced that it had called for expressions of interest from mining partners in Australia, while SAIL had been on the hunt for the last five years.
In February, Hancock Prospecting and Rio Tinto were named as being among the Australian miners talking to CIL. News reports added Peabody to the list in April.
Official sources said India had suggested to Indonesia that CIL and Bukit Asam, a state-run firm, could look at floating a joint venture to develop coal blocks.
Source: The Telegraph India
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Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
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- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- MS Steel International - UAE
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Sical Logistics Limited - India
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- VISA Power Limited - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
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