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, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA


Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination for steam coal, said Xavier Prevost, a coal analyst at XMP Consulting.

“The Asian continent, especially India, is very eager to use more steam coal from South Africa,” Prevost said in a speech at the Coaltrans conference in Johannesburg today. India’s purchases are “increasing and may prove to be our new main trading partner for the future.”

South Africa’s Richards Bay Coal Terminal, Africa’s largest coal-export facility, shipped about 61.8 million tons last year, mainly to Europe. Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc are the largest coal producers in the country.

“Wood MacKenzie expects coal demand in India to grow at a faster rate than any other country in the world,” Dirk Fourie, vice president for consulting in Africa at Wood MacKenzie, said at the conference, adding that South Africa and Indonesia are the largest coal suppliers to India.

Coal India Ltd., the state-owned monopoly producer, said on Aug. 27 it may spend as much as $1.5 billion to buy overseas mines. The country, the world’s most populous nation after China, faces a coal shortage by 2012, Coal India estimates.

While South Africa can supply India with better-quality coal than rival Indonesia, the African country’s coal industry has higher costs and faces logistics constraints, Fourie said. “Rail constraints could limit South Africa’s exports to less than 65 million tons this year,” he said.

‘Unpredictable’ Market

Securing long-term coal supply in a “highly unpredictable” international market has become more important than prices, Pradeep Lenka, chief executive officer of thermal coal at Mumbai-based Lanco Infratech Ltd., said at the conference. South Africa has the “right balance” between quality and logistics, he added.

India’s government is building power plants to match electricity demand estimated to rise to 950,000 megawatts by 2030. The country imports between 6 percent and 7 percent of its total coal demand, Lenka said.

South Africa has not successfully diversified its coal exports market to date, Argus Media Ltd. business development manager Jim Nicholson said at the conference. South Africa’s efforts to diversify coal export markets are “not really enough to replace the stagnation in Europe.”

South Africa may ship about 1 million tons coal or more to Taiwan this year, he said, adding the country’s share of the Taiwanese coal imports has fallen to “virtually zero” from about 40 percent in about 1990.
Source: Bloomberg



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...


Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...


Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...


Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...


Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...


   1285 1286 1287 1288 1289   
Showing 6431 to 6435 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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