We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
 Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company.
Peabody will transfer the mine to a special purpose vehicle or a company set up for a particular transaction in which it will hold up to 90%, with the Indian company owning the rest, a CIL official said. He spoke on conditions of anonymity as the transaction has not been closed.
CIL is eager to buy Wilkie Creek mine, located in the province of Queensland, as part of its drive to import coal. The company’s chairman, Partha S Bhattacharyya, has said he expects to strike a deal soon.
“The plan is to form a new company by Peabody to which the Wilkie Creek mine will be transferred. CIL will take 10-15% stake in this company at a price which is being negotiated,” the official said. Earlier, the CIL chairman had said the difference between the price offered by CIL and the price being asked by Peabody has narrowed considerably.
Reports suggest that the asking price had come down to $600-700 million from $1 billion earlier. If CIL acquires a 15% stake, it will have to pay close to $105 million. The Wilkie Creek mine is located in the Surat Basin in south-east Queensland and produces 2.35 million tonne of coal usable in power plants.
The coal extracted is exported to Japan, Taiwan and Korea to fire power plants in these countries. Peabody holds mining leases totalling 1,128 hectare in the area and the company’s expansion project seeks to convert additional areas to active mining leases. Brisbane, which is 250 km away, is the nearest port.
CIL is in talks with foreign coal firms Peabody of US, Massey Energy and Indonesian Sinarma , for possible partnerships that will see investment of about $2 billion (over `9,000 crore) in overseas ventures.
Source: Economic Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...
Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...
Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...
Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points.
In May 2010 the BDI touched 4,209 ...
|
|
|
Showing 5401 to 5405 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Indian Energy Exchange, India
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
|
| |
| |
|
