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

Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...


Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...


Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...


Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...


   1046 1047 1048 1049 1050   
Showing 5236 to 5240 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 ...

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