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, 10 October 12
TAPPING OPPORTUNITIES WITHIN GLOBAL ECONOMIC PERSPECTIVE
Press Release: Mining sector will continue to play a significant role in supporting industrial and economic development in Indonesia which is curren ...


Tuesday, 09 October 12
REALM RESOURCES RECOMMENCES DRILLING AT KATINGAN RIA COAL PROJECT
COALspot.com : Realm Resources Ltd. (ASX) has announced that it has commenced work on the phase three technical programme at its Katingan Project in ...


Sunday, 07 October 12
INDONESIAN GOVERNMENT DECLARED HBA FELL AGAIN IN OCTOBER
COALspot.com -  The Indonesian government’s declared coal reference price has lost US$ 0.17 per MT  M-M. The monthly coal referen ...


Saturday, 06 October 12
CFR SOUTH CHINA COAL SWAPS FOR DECEMBER'13 DELIVERY GAINED 1.3 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery gained 0.098 percent and 0.164 percent W-W and D-D respectively o ...


Saturday, 06 October 12
FREIGHT MARKET IS LIKELY TO PICK AFTER THE HOLIDAYS IN CHINA - VISTAAR
COALspot.com - The freight market appeared to be seeing some increase BDI up by 14.23 pct closing at 875 points. The Cape and Panamax index also saw ...


   908 909 910 911 912   
Showing 4546 to 4550 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 ...

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