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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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Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...
Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...
Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...
Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...
Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011.
China was a largest importer of Indonesi ...
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- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
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