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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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- Chamber of Mines of South Africa
- Eastern Coal Council - USA
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- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
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- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
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- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
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- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
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- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
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- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
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- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
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- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
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- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
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- Essar Steel Hazira Ltd - India
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- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
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- Energy Development Corp, Philippines
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- Energy Link Ltd, New Zealand
- VISA Power Limited - India
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- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
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- Chettinad Cement Corporation Ltd - India
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- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
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- Semirara Mining Corp, Philippines
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- Sindya Power Generating Company Private Ltd
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- Thai Mozambique Logistica
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- Bulk Trading Sa - Switzerland
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- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
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- Posco Energy - South Korea
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- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
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- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
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- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
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- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Planning Commission, India
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
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- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
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- Coal and Oil Company - UAE
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- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
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