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

Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...


Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING Handy Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...


Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...


Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year. The ...


Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...


   1167 1168 1169 1170 1171   
Showing 5841 to 5845 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 ...

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