We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a producer of high quality bituminous coal and Anthracite from mines in the Klipriver coalfield, near Dundee, in the KwaZulu Natal province of South Africa has signed a three year offtake agreement for 1.75 million tonnes (total) with Vitol S.A. ("Vitol"), a leading energy trading company, according to Forbescoal website.
Vitol will be purchasing thermal coal from the Slater Coal properties at market prices.
Forbes Coal's website further said, cash flow from this offtake agreement will fund the continued ramping up of production at its two operating mines – Magdalena and Aviemore. The agreement is initially for three years and will support the previously announced production expansion plans.
Forbes Coal intends to transport the coal to the Navitrade Coal Terminal in Richards Bay using its increased rail transport and capacity with Transnet Freight Rail and Grindrod Terminals. Grindrod Terminals provides certain logistical, handling and stockpiling services to shippers in connection with the shipment of bulk cargoes. As per the press release of December 7, 2010, Grindrod Terminals shall provide Forbes Coal with export coal capacity in the Terminal of 600,000 metric tonnes in 2011, 720,000 metric tonnes in 2012 and 960,000 metric tonnes in 2013.
"This milestone for Forbes Coal will support our planned expansion into the coal export market. We have seen a steady increase in export prices over the past 12 months, driven by an increase in demand from India. Together with our increased export capacity at Richard's Bay, the Company is on track to establish itself as a mid-tier Southern African coal company." said Stephan Theron, President and Chief Executive Officer of Forbes Coal.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
|
|
|
Showing 5726 to 5730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
|
| |
| |
|