COALspot.com keeps you connected across the coal world
  • AUGUST 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 72.67 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Monday, 04 February 19
COAL STILL IN HIGH DEMAND GLOBALLY
Although the world is switching to renewable energy there is still a big demand for coal around the globe.
 
This is according to Canyon Coal’s executive chairperson, Vuslat Bayoglu speaking at the 14th Annual Southern African Coal Conference at the Westin Hotel yesterday.
 
Bayoglu was part of panel participating in a session for Southern African Coal Leaders Summit.
 
Presenting a slide showing the total coal consumption for 2017 among the biggest users he said China consumed 3 500 million tons followed by India using 1 000 million tons and the US and Europe using slightly less.
 
“There is a big demand for coal, we can’t really deny it. We all like renewables, we would like to have more renewables but the reality is that the world is using to coal to power the country,” said Bayoglu.
 
He added that there were 1 600 new coal plants in 62 countries around the world.
 
“If you look at this map, US, Europe, China, especially south east Asia and Africa, all over the world there are new coal plants being built. If you look at the coal mining industries in the world. Like RioTinto sold their coal mines and Anglo America sold their Eskom coal supplying mines, South32 is in the process of selling theirs. 
 
"Who is going to supply their coal to the world? So it is a big question right, there are people here from different parts of the world who wants to buy coal. Do you think they want to buy coal from one company? Is it healthy? There is only one company here who is growing and we all know who that is (Exxaro, South Africa’s biggest coal producer),” he said.
 
Bayoglu said it is important to have a healthy supply and coal mining is not a bad industry and the world needs it.
 
“It is not all bad on the coal side, technology with carbon captive storage there are facilities all over the world accept Southern Africa and with more investment in carbon captive storage, the world can deal with co2 emissions,” he said.
 
Minister Gwede Mantashe, the Minister of Mineral Resources said during his keynote address earlier that mining is an important sector of the South African economy, contributing 7 percent to GDP and contributes 40 percent to the foreign earnings of the country.
 
“It means that it is actually one of the sectors that sustains our current account, otherwise if it was not for mining we would have a huge current account deficit in the economy and therefore it is my considered view that we can grow the economy but if we want to organise that there is a few things we could do,” said Mantashe.
 
He said the first thing is that the mining sector must take pride in itself as a contributor to the economy and secondly, the sector must turn the negative narrative against it.
SOURCE: JOSEPH BOOYSEN, BUSINESS REPORT


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

Recent News

Wednesday, 21 October 15
LOWER DEMAND HIT Q1' 16 INDONESIA COAL SWAPS
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week. The Q4 swap declined $ 1.88 (-4.71%) per t ...


Tuesday, 20 October 15
SHIPBROKER SEES CAPESIZE RATES EASILY REACHING $25,000/DAY BY YEAR-END : NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The future course of the dry bulk market has been troubling market participants for quite some time now, as the “elusive” freight rate ...


Tuesday, 20 October 15
FOB RICHARDS BAY COAL SWAPS SINK INTO RED THIS PAST WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month. The Q4 swap was down US$ ...


Tuesday, 20 October 15
API 5 FOB NEWCASTLE COAL SWAP CLOSED NEGATIVE
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $1.23 per ton (2.86%) month over month to US$ 41.80 per ton. The ...


Monday, 19 October 15
RUSSIA MAJOR COAL MINER KRU CUTS 4.5 MLN T/YR "UNPROFITABLE" EURO SALES - JACQUELINE HOLMES
COALspot.com: Kuzbassrazrezugol (KRU), one of Russia's largest producers of high-quality coal, plans to cut its coal exports in 2016 by about 4 ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 5523
News by Category
Popular News
 
Total Members : 26,432
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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