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

Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...


Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...


Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...


Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...


Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI. The BDI closed at 1, ...


   1038 1039 1040 1041 1042   
Showing 5196 to 5200 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 ...

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