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, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...


Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...


Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI  was at 2,468 points. ...


Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...


Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...


   1284 1285 1286 1287 1288   
Showing 6426 to 6430 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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