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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, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...
Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...
Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat
Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...
Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...
Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...
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- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Bhatia International Limited - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- The University of Queensland
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
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