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

Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...


Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...


Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indones ...


Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...


Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...


   1036 1037 1038 1039 1040   
Showing 5186 to 5190 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 ...

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