Joint ventures on the rise in mining finance; Rio Tinto to build US$98m solar plant to power iron ore mine; Freeport Indonesia exceeds East Java smelter progress targets; Thermal coal in Asia: The real risks for investors; Charting the rise of nickel in the shadow of Indonesias export flip
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Yancoal Australia Ltd (Yancoal) is Australia’s largest pure-coal producer and one of the world’s largest coal mining companies. Operating five mines and managing five others across New South Wales, Queensland and Western Australia, Yancoal also has a ~50% share in the Middlemount joint venture.
Peabody Energy Corp. and Arch Coal Inc. will take on the Federal Trade Commission in court following a decision from the regulator to block the companies' attempts to create a joint venture of coal mining assets in the southern Powder River Basin and Colorado.
The U.S. Federal Trade Commission said on Wednesday it has filed a lawsuit to block a joint venture in Wyoming between coal mining companies Peabody Energy Corp and Arch Coal Inc as it would ...
Dec 17, 2020 Indonesia Thailand ... The business case seemed sound in 2010 for the state-owned coal mining operations of central China's Henan Province to diversify into the product, which can use coal …
Sep 27, 2019 CIC is a Singapore-based global trading platform for physical commodities backed by Enterprise Singapore. It is a joint venture between the Singapore Exchange, China-based ZALL Smartcom, and Global...
JOGMEC Launches the First Coal Joint Venture in Indonesia for Supporting Exploration and Acquiring Coal Marketing Right JOGMEC (President: Keisuke Kuroki) is pleased to announce that it entered into a new agreement to jointly explore coal in the BOSS and …
India Voice – Indian firms line up for coal mining joint ventures in … This would make the company one of the top 10 hard-coking coal producers in the … While coal mines in Indonesia, the world's largest thermal coal exporter, are … More detailed
Indonesian Coal Mining Companies in Focus: Aneka Tambang (Antam) One of the companies, listed on the Indonesia Stock Exchange, that is experiencing a very good performance so far in 2018 is vertically integrated and diversified mining and metals company Aneka Tambang, a state-controlled entity. Not only did the company's corporate earnings and production figures surged in the first quarter of 2018 on the …
A joint venture between the Government of Sindh and Engro Powergen Limited (EPL), the Sindh Engro Coal Mining Company was established in the year 2009 with the primary objective of making effective...
An Indonesia coal mining operation in Kalimantan is, Hydraulink says, benefitting from the service availability, spare parts, and cost-efficiencies of partnering with the company’s hose and fittings organisation, as it seeks to maximise uptime of valuable equipment running 24/7. ... Macmahon banks coal mining work with Foxleigh joint venture.
Oct 23, 2020 The winding down of thermal coal operations is part of the company's rapid pivot toward steel and metallurgical coal markets, sparked by the end of the Peabody joint venture …
Can the IFC’s new Green Equity Strategy clean up the bank’s coal problem? (April 11, 2019, Washington DC) - The World Bank Group is quietly bankrolling some of Indonesia’s most destructive coal mining companies, despite instituting a virtual ban on coal financing in 2013, according to a report released today.. The International Finance Corporation (IFC), the World Bank’s private-sector ...
Sahakol leads coal-mining joint venture in Myanmar . ... more than needed for powering large power plants and sales to companies which are currently buying imported coal from Indonesia. Furthermore, coal from Mai Khot Mine will have strong cost advantage because of much lower logistics and transportation expenses. The company expects a revenue ...
White Energy and TMB intend to identify potential mining projects within Indonesia, with the view to developing such projects in joint venture either between themselves or in conjunction with a third party. It is anticipated that White Energy will have a controlling interest in any joint venture.
KPP operates as coal mining contractor, and PMM, a joint venture with PD Baramarta, has coal mining concession under working contract (PKP2B) of the third generation. KPP also handles coal production for a number of companies owned by PAMA having coal concessions like PT. Nusantara Citra Jaya Abadi, PT. Kadya Caraka Mulia and PT. Eka Satya ...
May 14, 2020 JINGAN Corporation, a joint venture between Chinese and local investors, has commenced coal mining in Hwange after investing nearly US$12 million, an official has said. Chilota Collieries started operations about two months ago and is producing 30 000 tonnes of coking coal per month used to produce coke — the high quality fuel needed by smelters.
Gupta Coal Corporation Limited made a fresh start in the year 2001, by wandering into the matter of Coal Beatification through its autonomous substance “Gupta Global Resources Pvt Ltd. Directly, the Gupta Coalfields & Washeries Company has 12 state-of-the-workmanship Coal mining under its crease in the condition of Maharashtra and so forth having all out beatification limit of 37.5 MMTPA ...
• As at 1H2020, GEAR’s revenue was mainly contributed by the Coal Mining division, which involved the mining of thermal coal through PT Golden Energy Mines as well as the mining of metallurgical coal through Stanmore Coal 1. GEAR’s investment in Ravenswood Gold is recorded as profit/loss of a joint venture.
The Indonesian government revised the initial target of the revenue from mineral and coal industry due to the COVID-19 pandemic. JAKARTA, INDONESIA — The COVID-19 has severely hurt almost all business sectors — the mining sector is no exception. Irwandy Arif, a special staff for the minister at Indonesia’s Ministry of Energy and Mineral Resources, earlier in June said that if the pandemic …
Hyderabad-based GVK PIL is in talks with Middle East-based MEC Coal to buy its coal mine in Indonesia. Both the companies are in advance talks and are working out the valuations for the coal mine, said a source privy to the developments. The mine’s coal reserve is estimated to be at 1.5 billion tonne.
In 2002, Yallourn Energy (now TRUenergy Pty Ltd) awarded an alliance contract to the Roche Thiess Linfox (RTL) Joint Venture for all mining activities at the Yallourn Mine, in the Latrobe Valley. Initially, RTL was awarded a five-year mining contract at the Yallourn Mine, worth approximately $42 million per annum – this was extended to 2012.
Macmahon banks coal mining work with Foxleigh joint venture Posted by Daniel Gleeson on 21st October 2020 Macmahon Holdings confirms it has been selected as the preferred tenderer to provide equipment hire and maintenance services at the Foxleigh joint venture operation in Queensland, Australia, from March 1, 2021.
Golden Energy and Resources Limited (“GEAR”) principally engages in the exploration, mining, and marketing of metallurgical and thermal coal in Australia and Indonesia. GEAR collectively owns the rights to mine more than 500 million tonnes of metallurgical coal resources and 2.8 billion tonnes of thermal coal resources as of 31 December 2019.
Welcome to the homepage of PT BASTARA PRIMA, a newly established company in Jakarta, a joint venture between PT PQA and Miss Belina Andra. The joint venture is to continue consistently and persistently the STEAM COAL mining and trading business to the power plants in Japan and other countries in Asia which was initiated by Miss Belina Andra, who is now the President