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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, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...
Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...
Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands.
The Viet Nam Coal ...
Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...
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- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
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- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
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- Deloitte Consulting - India
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- Georgia Ports Authority, United States
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- Ministry of Mines - Canada
- Medco Energi Mining Internasional
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- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
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- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
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- Essar Steel Hazira Ltd - India
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- Malabar Cements Ltd - India
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- European Bulk Services B.V. - Netherlands
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- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- ICICI Bank Limited - India
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- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
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- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
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- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
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- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
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- Sinarmas Energy and Mining - Indonesia
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- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Power Finance Corporation Ltd., India
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- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
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- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
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- Eastern Coal Council - USA
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- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
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- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
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- Tamil Nadu electricity Board
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
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- Goldman Sachs - Singapore
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- Chamber of Mines of South Africa
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- Coastal Gujarat Power Limited - India
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- Leighton Contractors Pty Ltd - Australia
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