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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.
Exports rose to 5.52 million metric tons from 5.15 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today, without giving reasons for the increase. In May the port shipped 3.76 million tons, a 16-month low.
Prices of coal exported from the port rose to the highest in more than four months in June. The fuel climbed to $65.30 a ton in the week ended June 12, according to Hampshire, England-based market researcher McCloskey Group Ltd. That’s the highest since the week ended Feb. 20 when the price was $68.35 a ton.
The terminal on South Africa’s northeastern coast 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.
At its current shipment rate Richards Bay will export 56.3 million tons of coal this year compared with a capacity of 76 million tons and actual shipments of 61.79 million tons last year.
Stockpiles declined to 4.05 million tons as of June 30 from 4.32 million tons at the end of May. Seventy-three ships were loaded during the month and 680 trains arrived at the facility, RBCT said. It received 5.25 million tons of the fuel by rail.
Source: Bloomberg
(http://www.bloomberg.com/apps/news?pid=20601116&sid=a3rtWBRAi_aE)
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Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...
Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will ...
Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...
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- Ministry of Mines - Canada
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- Planning Commission, India
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- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
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- Africa Commodities Group - South Africa
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- London Commodity Brokers - England
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- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
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- CNBM International Corporation - China
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- Minerals Council of Australia
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- Karaikal Port Pvt Ltd - India
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- Indonesian Coal Mining Association
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