Search Results
Rio Tinto Consider Offering U.S Coal-Mine Unit
Rio Tinto Group, the world’s third- largest mining company, is considering an initial public offering for its U.S. coal unit after failing to find a buyer for the business, said a person familiar with the situation.
Rio was close to a deal with Alpha Natural Resources Inc., said two people who declined to be identified because [...]
Two Biggest Mining Company, BHP and Rio Tinto : BHP Billiton backs off bid for Rio Tinto
One of the biggest planned mergers in corporate history, between mining groups BHP Billiton and Rio Tinto, was scrapped yesterday after a year of preparation, in a move that spread further gloom about the state of the global economy.
The hostile takeover by BHP was once worth $140bn (£92bn) but the collapse in commodity prices and [...]
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
Disposal Problems Of Australian Coal Mine Export And Improvement Of Usage Of Coal
Australian is state yielding a real potential coal-mine. exploration of Coal-mine in Australian always experiences improvement, this condition accompanied by supply request of coal from some states that is always experiences improvement. The increasing of supply request of coal results Australian to increase activity of ekplorasi and produce of coal. Improvement of ekplorasi this coal [...]
Mining Finance and Market Stock : Reported Shares of BHP Billiton New Record High
Shares of BHP Billiton surged to a record high on Wednesday, fuelled by speculation that a state-controlled Chinese firm was building a stake in the world’s biggest mining company.
Much of the speculation centred on giant Chinese aluminium maker Chinalco, already the largest shareholder in Rio Tinto which BHP is seeking to acquire in a hostile, [...]
Australia’s Plans Natural Gas Exploration, Booming $15billion a Year LNG Export Industry
THE rapid multi-billion-dollar expansion of Australia’s second-biggest commodity export, liquefied natural gas, could stall if new investors are forced to comply with an emissions trading scheme from 2010.
The warning comes as major emitters continue to lobby for a regulated and cautious start to emissions trading in Australia, saying the credibility of the scheme could be [...]
Coal use grows despite warming worries
Almost nonstop, gargantuan 145-ton trucks rumble through China’s biggest open-pit coal mine, sending up clouds of soot as they dump their loads into mechanized sorters.
The black treasure has transformed this once-isolated crossroads nestled in the sand-sculpted ravines of Inner Mongolia into a bleak boomtown of nearly 300,000 people. Day and night, long and dusty trains [...]
Alternative coal has role in global carbon cut
Transforming coal into transport fuels and natural gas can play a big role in cutting greenhouse gas emissions in the United States and eventually in rapidly developing countries like China, the chief executive officer of Arch Coal Inc. said in an interview.
“You’re not serious about global carbon stabilization unless you’re serious about increasing investment [...]
EU Announces Energy Plan to Deter Dependence on Oil and Gas Imports, Curb Emissions
The European Union on Wednesday announced plans to lower energy consumption, develop renewable sources such as wind power and biofuels and increase research into cutting carbon emissions from fuels already in use, particularly coal. The ambitious proposals seek to deter growing dependence on oil and gas imports and curb the emissions blamed for climate change.
But [...]
