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, 07 October 09
COAL INDIA, SHIPPING CORP MAY FORM VENTURE TO IMPORT COAL
The venture may be on the lines of the firm that CIL plans with SAIL for coal imports in which both to hold 25% Live Mint reported that, State-ru ...


Tuesday, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY
Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolst ...


Tuesday, 06 October 09
BHARATHI CEMENT TO ADD 2.5 MT CAPACITY BY 2010
Business-Standard reported that, Bharathi Cement Corporation (BCC) commenced its commercial operations from its Nallalingayapalli manufacturing plan ...


Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport ministe ...


Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov *ArcelorMittal, 9 others in race to develop abandoned mines *52 firms keen to partner coa ...


   1273 1274 1275 1276 1277   
Showing 6371 to 6375 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 ...

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