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

Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012. Director of the Jakarta Futures Exchange (BBJ) S ...


Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...


Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...


Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...


Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...


   996 997 998 999 1000   
Showing 4986 to 4990 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 ...

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