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

Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...


Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...


Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...


Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...


Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...


   1139 1140 1141 1142 1143   
Showing 5701 to 5705 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 ...

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