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

Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...


Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...


Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...


Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...


Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...


   985 986 987 988 989   
Showing 4931 to 4935 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 ...

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