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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)
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Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
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Showing 5526 to 5530 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Minerals Council of Australia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
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