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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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Tuesday, 18 December 12
NEWCASTLE PORT IN AUSTRALIA SHIPPED 20.19 PERCENT MORE COAL W/E 17 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 3,269,640 MT of thermal and coking coal for week ended 0700 hours 17 December 2012, Newc ...
Monday, 17 December 12
SHIP PRICES TO BOTTOM OUT IN 2013 SAYS GEORGE D. GOURDOMICHALIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship values especially in older tonnage, or even modern vessels with poor quality are expected to fall further during 2013, with the market as a who ...
Monday, 17 December 12
SYNERGISING WITH PIONEERS TO DEVELOP TOMORROW'S LATIN AMERICAN RAILWAYS
Press Release: Brazil being one of the largest country in South America has one of the most dynamic rail markets in the world. Rail transport in Bra ...
Sunday, 16 December 12
FREIGHT TREND SOFTENED THIS WEEK - VISTAAR
COALspot.com - The freight market further softened this week and closed at 784 points (down by 18.84 pct). The cape index had the biggest fall ...
Friday, 14 December 12
GMR GROUP OF INDIA TO IMPORT 100K MT OF 4800 GAR COAL
COALspot.com: GMR Group of India to invite bids for 100,000 Metric Tons of imported non coking coal to be delivered during January and February 2013 ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Bhatia International Limited - India
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Agrawal Coal Company - India
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