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Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
 * First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.
The company had earlier predicted for the license to be granted within the third quarter.
Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.
"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.
CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.
The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.
Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.
CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.
The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.
The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.
"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.
Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters
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Wednesday, 05 April 17
THE AVERAGE SECOND HAND PANAMAXES AND CAPES PRICES FOR A 5-YR OLD VESSEL HAS INCREASED MORE THAN 19% AND 20% RESPECTIVELY M/M - INTERMODAL
With the help of what so far appears to be a very strong grain season together with the fact that imports from China have remained so far robust in ...
Tuesday, 04 April 17
THE IRON ORE HAS BEEN ABLE TO KEEP ITS GROWTH PATH FAIRLY WELL; THERE IS STILL ONE PART OF THE WORLD THAT IS STILL HEAVILY COMMITTED TO COAL
With the close of March having let us with a very positive after taste and having witnessed near the end of the month the Baltic Dry Index at its h ...
Monday, 03 April 17
WORLD COAL TRADE STABLE IN 2016: DEMAND SHIFTS TO SOUTH-EAST ASIA - ASSOCARBONI
ASSOCARBONI: Coal confirmed as the leading fuel for electricity generation, accounting for 40% of overall production in 2016.
World coal trade ...
Monday, 03 April 17
DRY BULK RATES CONTINUING TO FIRMING UP
COALspot.com: The Freight market was continuing to firming up. Baltic Panamax Index rose 12.81 percent week over week.
The Baltic Exchang ...
Friday, 31 March 17
U.S. COAL PRODUCTION INCREASE SLIGHTLY WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.5 million short tons ...
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Showing 2081 to 2085 news of total 6871 |
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- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Economic Council, Georgia
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- The University of Queensland
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
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