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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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Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
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- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
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- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
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- Mercuria Energy - Indonesia
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- CNBM International Corporation - China
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- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Australian Coal Association
- Posco Energy - South Korea
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- PTC India Limited - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
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- Indian Energy Exchange, India
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- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- The University of Queensland
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- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
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- Africa Commodities Group - South Africa
- Economic Council, Georgia
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- Thai Mozambique Logistica
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- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
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- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
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- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
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- AsiaOL BioFuels Corp., Philippines
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- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
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- Thiess Contractors Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
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- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
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- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
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- Orica Mining Services - Indonesia
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- Energy Link Ltd, New Zealand
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- Bharathi Cement Corporation - India
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- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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