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

Monday, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed. ...


Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...


Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...


Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...


Saturday, 12 December 09
QUEENSLAND APPROVES A$4 BILLION COAL TERMINAL PROJECT
Queensland’s state government said it has signed a mandate approving development of the A$4 billion ($3.7 billion) Wiggins Island coal termina ...


   1234 1235 1236 1237 1238   
Showing 6176 to 6180 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 ...

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