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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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Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
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- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Australian Coal Association
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
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