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Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received offers to buy properties of mining giants Rio Tinto and Hancock in Australia.
Sources close to the development said Rio Tinto and Hancock are considering selling stakes in some thermal coal assets to Coal India. Hancock and Rio are understood to be among a number of Australian miners that have submitted expressions of interest to sell stakes in mines and projects to CIL.
CIL officials refused to divulge details citing confidentiality issues. “We have had a good response from Australia — better than what we had expected,” an official said. Incidentally, CIL has been made a total of 54 offers for acquiring mining assets in Australia, United States, Indonesia and South Africa.
“A team led by coal minister Shriprakash Jaiswal and CIL chairman & MD Partha S Bhattacharyya, along with Coal Videsh officials, was in Australia last week to look for mining assets,” sources said. CIL is setting up an expert committee to evaluate offers for overseas assets, they added.
“There will be a seven-member committee comprising Coal Videsh and other officials. It will be formed in the next 2-3 days. It will submit the report by March. It is not very easy to identify 7-8 mines from 54 offers,” sources said.
Source: Times of India
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Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
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- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- White Energy Company Limited
- MS Steel International - UAE
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Australian Coal Association
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
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