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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, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...
Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended 0700 hours 14 January 2013, Newca ...
Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...
Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...
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- Goldman Sachs - Singapore
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- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
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- SMC Global Power, Philippines
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- VISA Power Limited - India
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- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
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- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
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- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
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- SMG Consultants - Indonesia
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- Marubeni Corporation - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
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- Dalmia Cement Bharat India
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- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
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- Singapore Mercantile Exchange
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- Ceylon Electricity Board - Sri Lanka
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- Commonwealth Bank - Australia
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- London Commodity Brokers - England
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
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- The Treasury - Australian Government
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- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Indonesian Coal Mining Association
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- The University of Queensland
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- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
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- Sakthi Sugars Limited - India
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- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
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- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
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- Kumho Petrochemical, South Korea
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- Cigading International Bulk Terminal - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
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- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
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- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
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- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
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- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
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- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
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- LBH Netherlands Bv - Netherlands
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- Indika Energy - Indonesia
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- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
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- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
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- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
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