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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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Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
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- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- The University of Queensland
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
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