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

Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal FOR power stations on the coast of China, it is often cheaper to ...


Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...


Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...


Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...


Wednesday, 09 December 09
INDONESIA'S RECAPITAL TO PAY $1.48 BLN FOR BERAU
Recapital Advisors, an Indonesian investment firm, will pay $1.48 billion in cash and notes to buy coal miner PT Berau Coal, $300 million of which i ...


   1235 1236 1237 1238 1239   
Showing 6181 to 6185 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 ...

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