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

Thursday, 23 June 11
DRY BULK MARKET KEEPS EXHIBITING SIGNS OF WEAKNESS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to climb at new highs this week, showing signs of weakness, across most ship types. Yesterday, the Baltic Dry ...


Wednesday, 22 June 11
BOOMING INDONESIAN COAL EXPORTS - BLEEDING INDIAN POWER INDUSTRY
COALspot.com - Indonesia shipped 28.962 Million tons of coal  in May 2011, up by 15.86 percent compared to April export of about  24.995 m ...


Tuesday, 21 June 11
SURGE IN PRODUCTION AND PRICES TO PUSH BUKIT ASAMS NET PROFITS ABOVE RP 3T - THE JAKARTA GLOBE
State-owned coal company Perusahaan Tambang Batubara Bukit Asam expects its net income to increase about 50 percent this year on the back of rising ...


Tuesday, 21 June 11
COURT BATTLE PUTS MASSIVE COAL PROJECT IN JEOPARDY - KOREA JOONGANG DAILY
As Korean companies race to exploit Indonesia’s abundant natural resources, two companies have been locked in a court case that has become so ...


Tuesday, 21 June 11
DRY BULK MARKET TURNS RED AGAIN ON VESSEL OVERSUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk entered this week on a negative turn, with the industry’s benchmark the Baltic Dry Index (BDI) retreating by 0.35% to end the ses ...


   1042 1043 1044 1045 1046   
Showing 5216 to 5220 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 ...

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