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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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Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
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- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
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