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, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points. B ...


Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank. The effort was ...


Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...


Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...


Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...


   1252 1253 1254 1255 1256   
Showing 6266 to 6270 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 ...

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