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

Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...


Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...


Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...


Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI  was at 2,468 points. ...


Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...


   1284 1285 1286 1287 1288   
Showing 6426 to 6430 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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