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, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...


Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...


Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company. ...


Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...


Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...


   1094 1095 1096 1097 1098   
Showing 5476 to 5480 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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