COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corridor for total proceeds of US$ 270 million, comprised of US$ 80 million at Closing and US$ 190 million from the existing business until Closing; plus a 10-year Royalty Agreement subject to certain mine production and coal price conditions. The Closing of the transaction is subject to the satisfaction of customary conditions precedent, including the approval of the Ministry of Mineral Resources and Energy of Mozambique pursuant to the Mining Law No. 20/2014, and the approval of the Government of Mozambique pursuant to the Concession Agreements for the change of control and antitrust. Vale is committed to work together with both Mozambique and Malawi governments to ensure a smooth transition to the new operator.
 
Divestment process
In early 2021, Vale announced its objective to no longer own coal assets, focusing on its core businesses and on its ambition to become a leader in low-carbon mining. Over the past 15 years, Vale has worked in partnership with Mozambique and Malawi governments in the implementation of the Moatize mine and NLC’s 912-km railway for coal transportation, in addition to the revamp of general cargo operations and passengers transportation. These investments represent a relevant legacy to the countries and are an important driver for local development. While conducting a responsible search process for an investor in the coal business, Vale continued to support the project’s ramp-up and its commitments to society and stakeholders.
 
I am pleased to announce this important step for the responsible divestment of Moatize and NLC, in a transaction that benefits the communities and governments where those operations are located and offering a sustainable future for the operations. This is another accomplishment on our commitment to reshape our company, focusing on our core businesses, said Eduardo Bartolomeo, Vale CEO.
Source: Vale


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.   The investment ...


Wednesday, 29 June 22
LNG MARKET REMAINS TIGHT - INTERMODAL
LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall ...


Wednesday, 29 June 22
CHINA'S NEW PLAN FOR RENEWABLE ENERGY DEVELOPMENT FOCUSES ON CONSUMPTION - FITCH RATINGS
China’s focus on consumption penetration for renewable energy development in its recently released 14th five-year plan – 2021 to 2025 & ...


Wednesday, 29 June 22
APAC CORPORATE SECTOR OUTLOOKS SHIFT AMID GLOBAL SHOCKS - FITCH RATINGS’
Fitch Ratings’ mid-2022 corporate sector outlook review revealed that the Asia-Pacific (APAC) region saw the largest number of sector outlook ...


Thursday, 16 June 22
MARKET INSIGHT - INTERMODAL
Picking up from my last insight in March, on the early days of the invasion, it's worth pointing out the way that the fast-paced working enviro ...


   62 63 64 65 66   
Showing 316 to 320 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Jorong Barutama Greston.PT - Indonesia
  • Indian Oil Corporation Limited
  • The State Trading Corporation of India Ltd
  • ING Bank NV - Singapore
  • Sindya Power Generating Company Private Ltd
  • Maybank - Singapore
  • GNFC Limited - India
  • Vedanta Resources Plc - India
  • KEPCO - South Korea
  • Wilmar Investment Holdings
  • Thermax Limited - India
  • Sical Logistics Limited - India
  • Jatenergy - Australia
  • SASOL - South Africa
  • Bhatia International Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CIMB Investment Bank - Malaysia
  • Global Business Power Corporation, Philippines
  • Xindia Steels Limited - India
  • GAC Shipping (India) Pvt Ltd
  • GHCL Limited - India
  • Vizag Seaport Private Limited - India
  • Bukit Makmur.PT - Indonesia
  • Georgia Ports Authority, United States
  • ICICI Bank Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Rudhra Energy - India
  • Aditya Birla Group - India
  • World Bank
  • Gupta Coal India Ltd
  • Kobexindo Tractors - Indoneisa
  • Asian Development Bank
  • Kohat Cement Company Ltd. - Pakistan
  • Malabar Cements Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • EIA - United States
  • International Coal Ventures Pvt Ltd - India
  • Core Mineral Indonesia
  • Fearnleys - India
  • Aboitiz Power Corporation - Philippines
  • UBS Singapore
  • HSBC - Hong Kong
  • Interocean Group of Companies - India
  • Ernst & Young Pvt. Ltd.
  • Ambuja Cements Ltd - India
  • The University of Queensland
  • Meralco Power Generation, Philippines
  • Savvy Resources Ltd - HongKong
  • Standard Chartered Bank - UAE
  • ASAPP Information Group - India
  • Siam City Cement - Thailand
  • Parry Sugars Refinery, India
  • Mitra SK Pvt Ltd - India
  • Minerals Council of Australia
  • Goldman Sachs - Singapore
  • MS Steel International - UAE
  • Energy Development Corp, Philippines
  • IMC Shipping - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • TeaM Sual Corporation - Philippines
  • Miang Besar Coal Terminal - Indonesia
  • Wood Mackenzie - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Total Coal South Africa
  • Attock Cement Pakistan Limited
  • Indogreen Group - Indonesia
  • bp singapore
  • TNPL - India
  • Kalimantan Lumbung Energi - Indonesia
  • Arutmin Indonesia
  • PetroVietnam
  • Bulk Trading Sa - Switzerland
  • Holcim Trading Pte Ltd - Singapore
  • Binh Thuan Hamico - Vietnam
  • Madhucon Powers Ltd - India
  • Petron Corporation, Philippines
  • Tanito Harum - Indonesia
  • Uttam Galva Steels Limited - India
  • CNBM International Corporation - China
  • Karaikal Port Pvt Ltd - India
  • Metalloyd Limited - United Kingdom
  • Peabody Energy - USA
  • KOWEPO - South Korea
  • Shree Cement - India
  • Permata Bank - Indonesia
  • Moodys - Singapore
  • White Energy Company Limited
  • Star Paper Mills Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Lafarge - France
  • Coaltrans Conferences
  • Larsen & Toubro Limited - India
  • Australian Commodity Traders Exchange
  • Platou - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • DBS Bank - Singapore
  • Siam City Cement PLC, Thailand
  • Bhoruka Overseas - Indonesia
  • GVK Power & Infra Limited - India
  • NALCO India
  • Thomson Reuters GRC
  • Barasentosa Lestari - Indonesia
  • Ministry of Finance - Indonesia
  • Economic Council, Georgia
  • OPG Power Generation Pvt Ltd - India
  • Oldendorff Carriers - Singapore
  • Dalmia Cement Bharat India
  • Bhushan Steel Limited - India
  • Freeport Indonesia
  • Mintek Dendrill Indonesia
  • Ministry of Mines - Canada
  • Argus Media - Singapore
  • Price Waterhouse Coopers - Russia
  • Singapore Mercantile Exchange
  • Kideco Jaya Agung - Indonesia
  • Infraline Energy - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mercuria Energy - Indonesia
  • PowerSource Philippines DevCo
  • GB Group - China
  • Banpu Public Company Limited - Thailand
  • Makarim & Taira - Indonesia
  • CCIC - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Mercator Lines Limited - India
  • PLN Batubara - Indonesia
  • Maruti Cements - India
  • Central Java Power - Indonesia
  • Bank of America
  • London Commodity Brokers - England
  • Agrawal Coal Company - India
  • Pinang Coal Indonesia
  • Coal Orbis AG
  • ETA - Dubai
  • Kumho Petrochemical, South Korea
  • Reliance Power - India
  • Parliament of New Zealand
  • Altura Mining Limited, Indonesia
  • Power Finance Corporation Ltd., India
  • ACC Limited - India
  • Malco - India
  • Essar Steel Hazira Ltd - India
  • Berau Coal - Indonesia
  • Maersk Broker
  • Energy Link Ltd, New Zealand
  • Commonwealth Bank - Australia
  • Japan Coal Energy Center
  • Britmindo - Indonesia
  • Cosco
  • Neyveli Lignite Corporation Ltd, - India
  • RBS Sempra - UK
  • Global Green Power PLC Corporation, Philippines
  • Cebu Energy, Philippines
  • Sucofindo - Indonesia
  • Riau Bara Harum - Indonesia
  • TRAFIGURA, South Korea
  • Thriveni
  • Posco Energy - South Korea
  • Vale Mozambique
  • Bayan Resources Tbk. - Indonesia
  • Vitol - Bahrain
  • Independent Power Producers Association of India
  • Enel Italy
  • Clarksons - UK
  • Pendopo Energi Batubara - Indonesia
  • Indian School of Mines
  • Ince & co LLP
  • Xstrata Coal
  • Latin American Coal - Colombia
  • Sojitz Corporation - Japan
  • Timah Investasi Mineral - Indoneisa
  • Asia Cement - Taiwan
  • Carbofer General Trading SA - India
  • Rio Tinto Coal - Australia
  • Jindal Steel & Power Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • South Luzon Thermal Energy Corporation
  • Deloitte Consulting - India
  • Thiess Contractors Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Kaltim Prima Coal - Indonesia
  • ANZ Bank - Australia
  • NTPC Limited - India
  • Ind-Barath Power Infra Limited - India
  • TGV SRAAC LIMITED, India
  • U S Energy Resources
  • Billiton Holdings Pty Ltd - Australia
  • Coastal Gujarat Power Limited - India
  • Samtan Co., Ltd - South Korea
  • Samsung - South Korea
  • Videocon Industries ltd - India
  • Formosa Plastics Group - Taiwan
  • VISA Power Limited - India
  • McKinsey & Co - India
  • Eastern Coal Council - USA
  • Kobe Steel Ltd - Japan
  • KPMG - USA
  • Tata Chemicals Ltd - India
  • Electricity Generating Authority of Thailand
  • Asmin Koalindo Tuhup - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Mitsubishi Corporation
  • CESC Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Central Electricity Authority - India
  • Idemitsu - Japan
  • Ceylon Electricity Board - Sri Lanka
  • Indorama - Singapore
  • Meenaskhi Energy Private Limited - India
  • Noble Europe Ltd - UK
  • Antam Resourcindo - Indonesia
  • India Bulls Power Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Deutsche Bank - India
  • Glencore India Pvt. Ltd
  • Coalindo Energy - Indonesia
  • Platts
  • Inspectorate - India
  • IBC Asia (S) Pte Ltd
  • MEC Coal - Indonesia
  • Credit Suisse - India
  • The Treasury - Australian Government
  • Orica Australia Pty. Ltd.
  • Arch Coal - USA
  • WorleyParsons
  • Heidelberg Cement - Germany
  • IHS Mccloskey Coal Group - USA
  • Orica Mining Services - Indonesia
  • Merrill Lynch Commodities Europe
  • IOL Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Chettinad Cement Corporation Ltd - India
  • Bharathi Cement Corporation - India
  • Surastha Cement
  • Bukit Asam (Persero) Tbk - Indonesia
  • European Bulk Services B.V. - Netherlands
  • APGENCO India
  • SMC Global Power, Philippines
  • Semirara Mining and Power Corporation, Philippines
  • Port Waratah Coal Services - Australia
  • Mjunction Services Limited - India
  • PNOC Exploration Corporation - Philippines
  • SGS (Thailand) Limited
  • Coal and Oil Company - UAE
  • Marubeni Corporation - India
  • PTC India Limited - India
  • Bank of China, Malaysia
  • Kepco SPC Power Corporation, Philippines
  • Salva Resources Pvt Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • UOB Asia (HK) Ltd
  • Directorate General of MIneral and Coal - Indonesia
  • SUEK AG - Indonesia
  • Adani Power Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Thai Mozambique Logistica
  • Qatrana Cement - Jordan
  • Coal India Limited
  • Gujarat Sidhee Cement - India
  • Mitsui
  • Grasim Industreis Ltd - India
  • Gresik Semen - Indonesia
  • Therma Luzon, Inc, Philippines
  • Edison Trading Spa - Italy
  • McConnell Dowell - Australia
  • BNP Paribas - Singapore
  • SMG Consultants - Indonesia
  • JPower - Japan
  • OCBC - Singapore
  • Panama Canal Authority
  • Petrosea - Indonesia
  • Simpson Spence & Young - Indonesia
  • Cemex - Philippines
  • Indonesia Power. PT
  • EMO - The Netherlands
  • World Coal - UK
  • Intertek Mineral Services - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Baramulti Group, Indonesia
  • Bangladesh Power Developement Board
  • Chamber of Mines of South Africa
  • Sakthi Sugars Limited - India
  • Inco-Indonesia
  • Mechel - Russia
  • Lanco Infratech Ltd - India
  • New Zealand Coal & Carbon
  • Cardiff University - UK
  • Jaiprakash Power Ventures ltd
  • Borneo Indobara - Indonesia
  • BRS Brokers - Singapore
  • Sarangani Energy Corporation, Philippines
  • Merrill Lynch Bank
  • CoalTek, United States
  • Ministry of Transport, Egypt
  • Leighton Contractors Pty Ltd - Australia
  • Bukit Baiduri Energy - Indonesia
  • The India Cements Ltd
  • Maharashtra Electricity Regulatory Commission - India
  • Iligan Light & Power Inc, Philippines
  • Straits Asia Resources Limited - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Thailand Anthracite
  • Adaro Indonesia
  • KPCL - India
  • Medco Energi Mining Internasional
  • Cargill India Pvt Ltd
  • Planning Commission, India
  • Directorate Of Revenue Intelligence - India
  • Anglo American - United Kingdom
  • Eastern Energy - Thailand
  • J M Baxi & Co - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • JPMorgan - India
  • Vijayanagar Sugar Pvt Ltd - India
  • PLN - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Shenhua Group - China
  • Cement Manufacturers Association - India
  • Gujarat Electricity Regulatory Commission - India
  • PetroVietnam Power Coal Import and Supply Company
  • Indonesian Coal Mining Association
  • Indika Energy - Indonesia
  • SRK Consulting
  • IEA Clean Coal Centre - UK
  • Tamil Nadu electricity Board
  • Maheswari Brothers Coal Limited - India
  • Renaissance Capital - South Africa
  • TNB Fuel Sdn Bhd - Malaysia
  • LBH Netherlands Bv - Netherlands
  • Geoservices-GeoAssay Lab
  • Africa Commodities Group - South Africa
  • Bangkok Bank PCL
  • Electricity Authority, New Zealand
  • San Jose City I Power Corp, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Indian Energy Exchange, India
  • Russian Coal LLC
  • Global Coal Blending Company Limited - Australia
  • TANGEDCO India
  • Australian Coal Association
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Tata Power - India
  • globalCOAL - UK
  • Romanian Commodities Exchange
  • Trasteel International SA, Italy
  • Globalindo Alam Lestari - Indonesia
  • Barclays Capital - USA
  • Humpuss - Indonesia
  • GMR Energy Limited - India
  • Runge Indonesia
  • Semirara Mining Corp, Philippines
  • Coeclerici Indonesia