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

Thursday, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity pr ...


Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...


Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...


Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal * Total exports to China in 2010 seen to exceed 20 million T * Chinese, Indian demand may ...


Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...


   1250 1251 1252 1253 1254   
Showing 6256 to 6260 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 ...

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