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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, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
Thursday, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
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- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
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- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- Australian Coal Association
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- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
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- Ministry of Transport, Egypt
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- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
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- Simpson Spence & Young - Indonesia
- The University of Queensland
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
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- Sojitz Corporation - Japan
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- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Deloitte Consulting - India
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- Power Finance Corporation Ltd., India
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- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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- GVK Power & Infra Limited - India
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- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- White Energy Company Limited
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- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
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- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
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- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
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- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
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- Bhoruka Overseas - Indonesia
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- Larsen & Toubro Limited - India
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- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
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- Medco Energi Mining Internasional
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- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Posco Energy - South Korea
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- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
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- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
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- Economic Council, Georgia
- Parliament of New Zealand
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- Therma Luzon, Inc, Philippines
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