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
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY


Busrep / Reuters  reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail constraints, the head of Anglo American's local coal unit said yesterday.

Anglo Coal chief executive Norman Mbazima expected the price of coal to average $85 (R612) a ton this year.

Richards Bay Coal Terminal's free-on-board prices have been about $82 to $85 a ton for the past month.

"Those are exciting prices and we think they will be maintained," Mbazima said during a visit to the company's Landau coal mine in Mpumalanga.

Mbazima said he also expected the company to export about 16 million tons of coal, unchanged from last year, despite railing hitches to the export terminal.

Coal exporters have said rail hitches to the Richards Bay Coal Terminal have been blamed for low coal deliveries.

Africa's largest export terminal is owned by South Africa's largest exporters of the fuel, including BHP Billiton, Anglo American and Xstrata, and is serviced by the railway arm of Transnet.

Transnet's rail division said earlier this year it expected to transport 65 million tons of export coal to the port this year and would try to raise that to 70 million tons.

Transnet Freight Rail said last month it expected to transport 62 million tons of coal in the financial year to the end of March, slightly up from 61.9 million the previous year.

Mbazima said Anglo Coal was seeking to exploit thermal coal opportunities in Indonesia, Australia and Colombia.

"We are looking at global growth opportunities for (the) seaborne market," he said.

He said Anglo Coal planned to increase coal exported to India this year from the 4.9 million tons last year.

Mbazima said the coal producer was also looking to facilitate the development of a power station using its own discarded or waste coal. The power plant could produce about 300 megawatts of electricity to be used for Anglo's operations in South Africa, including its platinum and iron ore mines.

He said there was enough waste coal - left over after the processing of coal destined for export - for the life of a power station of about 40 to 50 years. He said the company did not plan to finance, build or operate the station, but hoped to attract an independent power producer to build the plant.

"We will be providing the power-purchase agreement to say that if you come in, build this plant and run it, we will buy the power for the next 40 years, and we will provide the fuel," he said.

South Africa has been battling a chronic power shortage, which worsened in early 2008 when the national grid suffered a near collapse, costing the country billions of dollars in lost output as mines and manufacturing plants were shut for days. - Reuters
Source: Busrep / Reuters
( By Agnieszka Flak)



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

Recent News

Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...


Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...


Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...


Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...


Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...


   1027 1028 1029 1030 1031   
Showing 5141 to 5145 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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