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Tuesday, 07 October 14
THE RIO TINTO CONFIRMS THAT NO DISCUSSIONS ARE TAKING PLACE WITH GLENCORE
COALspot.com: The board of Rio Tinto notes the recent press speculation regarding a possible combination of Rio Tinto and Glencore.The Rio Tinto board confirms that no discussions are taking place with Glencore, company said in it latest press note.
The press note further said, In July 2014, Glencore contacted Rio Tinto regarding a potential merger of Rio Tinto and Glencore. The Rio Tinto board, after consultation with its financial and legal advisers, concluded unanimously that a combination was not in the best interests of Rio Tinto’s shareholders.
The board’s rejection was communicated to Glencore in early August and there has been no further contact between the companies on this matter, company said.
The company further said, Rio Tinto remains focused on the successful execution of its strategy, which the board of Rio Tinto is confident, will continue to deliver significant and sustainable value for shareholders.
Rio Tinto chairman Jan du Plessis said “Under the leadership of Sam Walsh and Chris Lynch, Rio Tinto has made significant progress in refocusing and strengthening its business.
“The board believes that the continued successful execution of Rio Tinto’s strategy will allow Rio Tinto to increase free cash flow significantly in the near term and materially increase returns to shareholders. Rio Tinto’s shareholders stand to benefit from the very considerable value that this will generate.”
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Thursday, 25 September 14
LACK OF COAL BUSINESS PUSHING DOWN PANAMAX EARNINGS IN PACIFIC
Handy
In the Atlantic we see rates steady climbing upwards. More coal cargoes out of USG and USEC are helping the TA market which is up some USD ...
Wednesday, 24 September 14
ADARO AGREED TO REDUCE ITS CONCESSION AREA TO 31,379.8 HECTARES
COALspot.com: PT Adaro Energy Tbk (Adaro Energy) today announced that, PT Adaro Indonesia (AI), its wholly owned subsidiary, entered into a M ...
Wednesday, 24 September 14
CAPESIZE: ACTIVITY IN BOTH BASINS WAS UNIMPRESSIVE
COALspot.com: The end of the week prior seems to have marked the tone for the days that followed, with the Dry Bulk market giving up a significant ...
Tuesday, 23 September 14
MEDCO TO INCREASE ITS COAL PRODUCTION NEXT YEAR
COALspot.com: PT Medco Energi Internasional is looking to increase its coal production next year, supported by the launch of operations at its Duta ...
Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
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- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- The University of Queensland
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
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