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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)
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Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...
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- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Agrawal Coal Company - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
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