Australian coal prices put GVK, Adani group projects at riskThe Oz govt has forecast no recovery in coking coal prices in the near term, prompting a leading think tank to warn against any public inve...
16 Dec, 2014, 04.00 AM IST
Lanco Infratech believes Australian coal asset will yield reasonable returnsLanco has recently said that it may divest its coal asset but may not get very good valuation as the benchmark thermal coal price has halve...
10 Dec, 2014, 04.00 AM IST
Lanco Infratech to sell Australian coal and Indian road assets“We will be selling road assets as well, but we want to wait for overall sentiment and GDP outlook to improve on traffic growth estimates,”...
10 Oct, 2014, 02.53 AM IST
Lanco Infra looks to sell Griffin Coal to pare debt; co close to inking Rs 7,500 crore pactLanco acquired the mine, which is estimated to have reserves of 1.2 billion tonnes, to secure fuel for its upcoming projects.
10 Jan, 2014, 05.00 AM IST
GVK to sell 51% of Hancock’s Coal Infrastructure to AurizonAn over-stretched balance sheet forcing GVK to sell 51% stakes in its key Australian energy assets to rail-freight company Aurizon.
12 Mar, 2013, 05.01 AM IST
- Lanco Infratech spurts after favourable ruling in Australia court
Shares of Lanco Infratech today settled with sharp gains, defying the sluggish stock market.
12 Aug, 2011, 04.51 PM IST
- Bandanna Energy sale hit by cropping land policy in Queensland
People familiar with the bid process said, out of the five tenements on the block by Bandanna Energy, two may fall under crop land.
09 Jul, 2011, 08.38 AM IST
- Mundra Port acquires Abbot Point Coal Terminal for AUD1.8 bn
Mundra Port and Special Economic Zone on Tuesday said it acquired Abbot Point Coal Terminal in Queensland state of Australia. The all cash ...
03 May, 2011, 06.15 PM IST
- GVK, JSW unit may submit fresh bids for Hancock's coal assets
JSW Energy and GVK Power and Infrastructure will have to submit fresh bids for acquiring two coal assets put on the block by Hancock Coal a...
04 Mar, 2011, 05.07 AM IST
- Tata Steel likely to remain invested in Riversdale
Tata Steel has 24.4 per cent stake in Riversdale and Rio Tinto has put in a bid worth 3.9 billion Australian dollar to buy it.
18 Jan, 2011, 05.45 PM IST
- Oz floods force cos to delay coal M&A plans
Indian companies looking to acquire Australian coal assets appear to have put their plans on hold for at least three to six months followin...
15 Jan, 2011, 05.23 AM IST
- Riversdale agrees to $3.9 bn Rio Tinto bid; rivals expected
Rio raised its offer to 16 Australian dollar per share cash but Riversdale shares rose as high as 16.84 Australian dollar when the stock re...
23 Dec, 2010, 10.26 AM IST
- Coal India in talks with Indonesian co to buy its coal mines
World's largest coal producer Coal India is in talks with Indonesia's Sinar Mas Group for acquiring coal mines in the island-nation, a top ...
15 Dec, 2010, 01.33 PM IST
- SAIL, JSW, JSPL, RINL may form JV to buy coal assets abroad
The announcement comes within days of Adani Enterprises entering into an agreement with Linc Energy to acquire its Australian coal assets.
11 Aug, 2010, 07.24 PM IST
- Coal India close to sealing mine deals with Peabody
Coal India Ltd is on the verge of closing a deal with US-based miner Peabody Energy that would give it a stake in four Australian coal mine...
16 Apr, 2010, 01.03 PM IST
- Australia watchdog clears Shell, PetroChina swoop for Arrow
Australia's competition watchdog has cleared Shell and PetroChina's joint takeover of Arrow Energy, which would give them an important pres...
14 Apr, 2010, 10.34 AM IST
- JSW weighs Oz mining JV
Sajjan Jindal-led JSW Steel has initiated talks with an Australian mining firm to form a joint venture for exploration and mining of coking...
16 Mar, 2009, 05.48 AM IST