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Tuesday, 07 July 09
RBCT COAL EXPORTS TO REMAIN BELOW CAPACITY IN 2009
Coal volumes railed to South Africa’s Richards Bay Coal Terminal are continuing to fall far short of the corridor’s nameplate yearly capacity of 70 million tonnes, coming in at closer to an annualised 60 million tonnes.
Mr Chris Wells acting CEO of Transnet said that South Africa will do well to achieve volumes of between 64 million tonnes and 65 million tonnes for the year as a whole.
At the start of its 2009 financial year in April, the State-owned group’s rail division said it had budgeted to handle 69-million tons up until March 31, 2010, but undersupply from the mines had all but put paid to that ambition.
Rail volumes last year fell to a very disappointing 61.9 million tonnes, capping a three year trend of underperformance, with volumes having fallen consistently since 2006, when 68.8 million tons was railed.
There has been a concerted Transnet effort to improve rail’s performance since September, but now the mines are running short of supply. Both sides need to reach a deal that optimises South Africa’s foreign exchange potential.
Anglo American suitor Xstrata last week published an open letter in which it set out its rationale for an all-share ‘merger of equals’ that bore none of the usual characteristics of shareholder premiums and worker retrenchments.
Xstrata also said that South Africa will be the net beneficiary of the transaction, which it describes as a merger of two equally sized companies from which equally sized shareholder benefits will accrue. But Anglo remains implacably opposed to the deal, and its stance has won applause from the South African government and local trade unions.
Source: Steel Guru
(http://steelguru.com/news/index/2009/07/07/MTAxMjg2/RBCT_coal_exports_to_remain_below_capacity_in_2009.html)
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Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
Tuesday, 07 July 09
Q+A - INDONESIA MINING SECTOR FACES ELECTION RISKS - REUTERS
Indonesia has struggled to lure foreign investment to its mining sector in recent years, and the nationalist line on resource exploitation taken by ...
Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough Interna ...
Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offsh ...
Tuesday, 07 July 09
TATA POWER AID THE INDONESIAN COAL MINES
BL reported that Mr Prasad Menon MD of TATA Power aid the Indonesian coal mines PT Kaltim Prima Coal and PT Arutmin Indonesia in which TATA Power ha ...
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- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Australian Coal Association
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
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