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Thursday, 09 August 18
RIO TINTO COMPLETES SALE OF REMAINING COAL ASSETS
 Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.
According to a noted posted on company's official website, the transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal development project to Glencore for $1.7 billion, and its interest in the Kestrel underground coal mine to a consortium comprising private equity manager EMR Capital and PT Adaro Energy Tbk for $2.25 billion.
Rio Tinto chief executive J-S Jacques said “The sale of our remaining Australian coal assets delivers exceptional value to our shareholders. Once again, I would like to thank the many people across Rio Tinto and the communities in which we operate who have contributed to the coal business. I wish them continued success under new ownership.”
2018 guidance and tax
To reflect the sale of these assets, 2018 production guidance is updated to 4.0 million tonnes of hard coking coal and 2.5 million tonnes of thermal coal.
Estimated tax payable on the transactions is in the order of $1 billion.
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Thursday, 23 August 18
SUPRAMAX: SOME FRESH COAL CARGOES APPEARED IN SE ASIA, GIVING A BIT PRESSURE ON RATES FOR END AUGUST SHIPMENTS - FEARNLEYS
Capesize
Slightly softer but generally very healthy for the big ships, with limited supply of early tonnage and positive Brazilian ore export v ...
Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...
Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...
Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize
A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...
Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE
Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.
...
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- Malabar Cements Ltd - India
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- Wilmar Investment Holdings
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- Cigading International Bulk Terminal - Indonesia
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- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
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- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Australian Commodity Traders Exchange
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- Economic Council, Georgia
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- Indian Oil Corporation Limited
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- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
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- Deloitte Consulting - India
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- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
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- Coalindo Energy - Indonesia
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- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
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- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
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- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
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- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
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- Salva Resources Pvt Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
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- Romanian Commodities Exchange
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- Banpu Public Company Limited - Thailand
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- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
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- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
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- Goldman Sachs - Singapore
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- Commonwealth Bank - Australia
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- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
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- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
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- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
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- Bangladesh Power Developement Board
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- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
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