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

Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...


Thursday, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...


Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...


Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...


Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...


   1110 1111 1112 1113 1114   
Showing 5556 to 5560 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 ...

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