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, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...


Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...


Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...


Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...


Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...


   1242 1243 1244 1245 1246   
Showing 6216 to 6220 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 ...

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