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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, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
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