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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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Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
Tuesday, 09 September 14
WEAK M&A DESPITE ABUNDANT DISTRESSED INDONESIA COAL ASSETS - FITCH RATINGS
COALspot.com: Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector ...
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- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- PTC India Limited - India
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Australian Coal Association
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
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