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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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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...
Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
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- Karaikal Port Pvt Ltd - India
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- Simpson Spence & Young - Indonesia
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- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- SMC Global Power, Philippines
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- The University of Queensland
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- The State Trading Corporation of India Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
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- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
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- McConnell Dowell - Australia
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- Bulk Trading Sa - Switzerland
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- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
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- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Australian Coal Association
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- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
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- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
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- Independent Power Producers Association of India
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- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
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- Ministry of Finance - Indonesia
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- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
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- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
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- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
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