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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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Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
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- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
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