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, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...


Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...


Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...


Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...


Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...


   1072 1073 1074 1075 1076   
Showing 5366 to 5370 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 ...

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