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, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
|
|
|
Showing 6026 to 6030 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Planning Commission, India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
|
| |
| |
|