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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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Monday, 07 December 09
VEDANTA RESOURCES ISSUES TENDER TO IMPORT 2.25 MILLION COAL
COALspot.com (India): Vedanta Resources plc is a London stock exchange listed FTSE 100 diversified metals and mining major with revenues in excess o ...
Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...
Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...
Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...
Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and th ...
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- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
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- Trasteel International SA, Italy
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- Orica Australia Pty. Ltd.
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- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
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- Parry Sugars Refinery, India
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- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
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- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
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- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
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- Formosa Plastics Group - Taiwan
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- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
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- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
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- Borneo Indobara - Indonesia
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- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
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- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
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- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
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- Merrill Lynch Commodities Europe
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- Thiess Contractors Indonesia
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- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
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- Bangladesh Power Developement Board
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- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Parliament of New Zealand
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Australian Coal Association
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- PTC India Limited - India
- White Energy Company Limited
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- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
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- Intertek Mineral Services - Indonesia
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- Simpson Spence & Young - Indonesia
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- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
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- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
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- Indian Oil Corporation Limited
- Central Java Power - Indonesia
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- Marubeni Corporation - India
- Australian Commodity Traders Exchange
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- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
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- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
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- CNBM International Corporation - China
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