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, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...


Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...


Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...


Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...


Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...


   1188 1189 1190 1191 1192   
Showing 5946 to 5950 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 ...

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