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, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...


Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...


Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...


Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...


Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points  and closed at 2,694 poi ...


   1097 1098 1099 1100 1101   
Showing 5491 to 5495 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 ...

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