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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, 02 August 18
INDO / CHINA COAL RV'S IS PAYING AROUND USD 11,000 TO SUPRAS BSS DELIVERY SINGAPORE - FEARNLEYS
Capesize
The counter seasonally strong market during the summer months bodes well for the remainder of the year.
According ...
Wednesday, 01 August 18
JOKOWI CANCELS PLAN TO REVOKE COAL DMO - JP
President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coa ...
Wednesday, 01 August 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
The dry bulk market activity over the past four weeks has remained stable when compared to the previous months. There are concerns with regards to ...
Tuesday, 31 July 18
INDONESIA UNLIKELY TO CHANGE COAL SUPPLY, PRICING RULES UNTIL 2019 - REUTERS
Indonesia is unlikely to change its rules on domestic coal supply and pricing until 2019, Coordinating Maritime Minister Luhut Pandjaitan said on M ...
Tuesday, 31 July 18
ENERGY MINISTRY REMAINS FIRM ON DMO POLICY FOR COAL - JP
The Energy and Mineral Resources Ministry has stressed that it will not cancel its policy on the domestic market obligation (DMO) for coal, as the ...
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- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Planning Commission, India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
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