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

Sunday, 20 January 13
Q1 & Q4 SUB-BIT FOB INDONESIA COAL SWAPS: FIRM
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) and CFR South China coal shipment for average Q1’ 2013 delivery have gained 0.81percent and ...


Sunday, 20 January 13
S7 & S8 ROUTE FREIGHT TREND IS EXPECTED TO BE FLAT TO SOFT THIS WEEK - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices BDI up by 9.21 pct closing at 837 points. The Cape index was also sharply u ...


Friday, 18 January 13
NEWLEAD HOLDINGS LTD. TO ACQUIRE TWO COAL PROPERTIES WITH ESTIMATED COAL RESERVES OF 18.6 MMT & 143.1 MMT
NewLead Holdings Ltd. Announces Signing Agreement to Acquire Properties with Estimated Coal Reserves of 18.6 Million Tons; Signing Agreement to Acqu ...


Friday, 18 January 13
DRY BULK MARKET ON THE RISE, ON STRONG DEMAND FOR CAPESIZE VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has continued its climbing trend yesterday, as the industry's benchmark, the Baltic Dry Index (BDI) was up by 39 points to 820. ...


Friday, 18 January 13
CAPESIZE : SIGNALS ARE MIXED BUT THE OVERALL TENDENCY IS POSITIVE - FEARNLEYS
Handy The Atlantic market remained stable with USG-Feast fixed around USD 17k, according to fearnleys’s weekly report. Continent / Medite ...


   882 883 884 885 886   
Showing 4416 to 4420 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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