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

Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...


Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...


Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants The bo ...


Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...


Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal. “We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...


   1206 1207 1208 1209 1210   
Showing 6036 to 6040 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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