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, 10 September 12
TNPL, AN INDIAN PAPER MAKER IS SEEKING FOR 300K MT OF IMPORTED NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 6 Shipments about 50,0 ...


Monday, 10 September 12
DRY BULK MARKET SLOWLY BUT SURELY REACHING CRITICAL STATUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The radical consequences of the shifts in dry bulk demand and prices, especially for the most sought after commodity, concerning the industry, i.e. ...


Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources h ...


Monday, 10 September 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY / HELLENIC SHIPPING
The European Central Bank left its interest rate unchanged at 0.75% focusing on pushing down borrowing costs in troubled economies, Spain and Italy. ...


Sunday, 09 September 12
H213 SUB-BIT FOB INDONESIA COAL SWAPS ARE TRADING HIGHER
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 0.14 percent W-O-W on 7 September 2012, Friday closing but gained ...


   915 916 917 918 919   
Showing 4581 to 4585 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 ...

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