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Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN


Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal for its Jerada plant in the north of the country, well in advance of the early September bid deadline.

ONE requires three 38,000 mt shipments for delivery in November and December 2009 and January 2010 on a CIF Nador basis. Bids are due by September 2. Sources said that while the Jerada plant can usually take mid-volatile South African or Russian coal, the current high spot price of Richards Bay FOB material at over $60/mt would more than likely give suppliers of Russian coal the advantage in the tender.



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Recent News

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
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 cap ...


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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