We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
 * Shanduka Coal takes SACMH 500,000T export space
* RBCT must approve any change of ownership
Reuters reported that, South Africa's Shanduka Coal has bought 500,000 tonnes of export capacity at Richards Bay Coal Terminal from South African Coal Mining Holdings Ltd (SACMH), a source close to the deal said.
The source would not disclose the price for the deal but trading companies and miners who have sought to buy export allocations during the past several months have been quoted prices of $20.00 per tonne.
"If you take a view that in the medium to long-term export prices for South African coal are going to go up, it makes sense to buy allocation," the source said.
SACHM was not available for comment.
Under the RBCT rules the sale of allocation must get approval from the RBCT board, made up of representatives of its shareholders among the major mining houses.
Even if an agreement to sell allocation has been made, RBCT shareholders must agree unanimously to permit it at the next board meeting before a final transfer of ownership can take place, industry sources said.
SACMH has been trying to sell its coal mines, export allocation and rail sidings since April, industry sources said.
SACMH's export allocation at RBCT was by far the most attractive of its assets for sale, said sources at companies which looked closely at the miner.
SACHM stopped mining on April 1 and since then the company has been undergoing a restructuring and search for a new equity partner.
Shanduka Coal, a joint venture between Swiss-based traders Glencore and Shanduka Resources, produces 9 million tonnes a year of thermal coal, the majority of which is exported.
Through its subsidiaries it owns 100 percent of the Graspan, Townlands, Bankfontein, Leeuwfontein and Lakeside mines near Middelburg and Kendal
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...
Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...
Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.
The week was & ...
Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...
|
|
|
Showing 6326 to 6330 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- The University of Queensland
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Eastern Coal Council - USA
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Economic Council, Georgia
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
|
| |
| |
|
