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
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 fuels.

Over the next five years Australia's coal production is set to bulge by 30 per cent to a record 450 million tonnes a year compared with 350 million tonnes produced now, according to the energy consultancy Wood Mackenzie.

The firm said 13 new coalmines, adding to 120 already in operation, would come online by 2015, with $23 billion to be invested in the sector over the same period.

The incoming government of Japan has joined other developed countries by promising to slash its carbon emissions to 25 per cent of 1990 levels by 2020. Analysts say this may trigger a shift in Japan away from coal in favour of cleaner fuels, though the target is not yet enshrined in legislation.

''On the face of it, it definitely means less demand for coal,'' a senior economist at Westpac, Justin Smirk, said.

''You will see a shift at the margins away from coal towards gas and nuclear, but other than that it's pretty hard to put firm estimates around it until we know more about the policies and how they are going to be implemented''.

Coal is Australia's most valuable export, worth $54.6 billion last financial year.

Japan bought 45 per cent of the country's coal in the 2008 calendar year, with about 55 per cent of it thermal coal burned in power stations and the remainder used in steel mills.

In 2004 the Australian Bureau of Agricultural and Resource Economics said total coal sales to Japan would fall by as much as a quarter if the country set an emissions target, though Korea and Taiwan would pick up some of the slack.

Coal projects that are under construction or have been signed off were worth a record $10.4 billion in April, bureau figures show, and a further $12 billion was set aside for less certain projects.

But miners deny demand will fall because of Japan's greenhouse gas cuts. A spokesman for the Minerals Council of Australia pointed to figures showing Japan planned to add 2940 megawatts of coal-fired power plants between now and 2016.

''As far as Japan's concerned there's going to be strong growth in their energy requirements and coal-fired power will meet a considerable portion of their demand,'' the spokesman said.

India is seen as a growing market after officials this month visited Australia in search of thermal coal investments to meet a growing shortfall. Some analysts also see China as a growing market despite its extensive reserves.

A spokesman for the Minister for Resources and Energy, Martin Ferguson, said cuts to emissions would encourage clean energy technology rather than lower coal demand.

''Japan faces the same challenge as Australia, the US and China, as an economy highly dependent on coal for electricity … to make significant CO2 emission reductions while maintaining energy security,'' he said.
Source: SMH



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

Recent News

Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...


Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week. ...


Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...


Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal. Jakarta-based Emanuele ...


Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains * Mining majors expected to buy not sell * South Africa a target, Indonesia less so By Jackie ...


   1291 1292 1293 1294 1295   
Showing 6461 to 6465 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 ...

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