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, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...


Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...


Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...


Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...


Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...


   1236 1237 1238 1239 1240   
Showing 6186 to 6190 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 ...

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