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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
 RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Thursday, 17 June 10
INDONESIAN COAL PRICE REFERENCE FOR JUNE IS US$ 97.22/TON UP 5.59 PERCENT
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has been publishing a monthly coal price reference (HBA) to be us ...
Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons. ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
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- Anglo American - United Kingdom
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- White Energy Company Limited
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- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- PowerSource Philippines DevCo
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- Videocon Industries ltd - India
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- Mercuria Energy - Indonesia
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- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Planning Commission, India
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- Economic Council, Georgia
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- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
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- VISA Power Limited - India
- Georgia Ports Authority, United States
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- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
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- Formosa Plastics Group - Taiwan
- The University of Queensland
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- Mintek Dendrill Indonesia
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- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
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- European Bulk Services B.V. - Netherlands
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- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
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- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
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- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
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- Bhoruka Overseas - Indonesia
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- Mercator Lines Limited - India
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- Orica Australia Pty. Ltd.
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- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
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- Coalindo Energy - Indonesia
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- Aboitiz Power Corporation - Philippines
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- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
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- Alfred C Toepfer International GmbH - Germany
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- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
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- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
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- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
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- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
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