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
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.

Recent News

Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
  Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...


Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...


Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned  electricity company forecasted  its coal requirement in 2014 would be around 95 million tons.  ...


Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...


Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695  of coal in May 2010. May coal exports dropped by 20.61 percent co ...


   1154 1155 1156 1157 1158   
Showing 5776 to 5780 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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