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

Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...


Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...


Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...


Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal. ...


Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China. Supramax vessels open in the USG are achievi ...


   1153 1154 1155 1156 1157   
Showing 5771 to 5775 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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