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Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
 BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport minister said the new line will link the coal-rich northern Moatize mines to Nacala port by 2015.
He said funding from the Dutch and Danish government as well as the European Union meant construction could start in two months. The Brazilian firm mining in Moatize says it represents one of the world's last great unexploited coal reserves.
Mozambique's railways, ports and mines are slowly recovering from a brutal civil war that ended in 1992. Three years ago, the 670km (420 mile) long Sena Railway linking Beira port to Moatize was cleared of mines and unexploded ordnance.
But the BBC's Jose Tembe in the capital, Maputo, says the line was never completely refurbished and the silted port of Beira is now unable to handle big vessels.
So Transport Minister Paulo Zucula said the new line will link the existing Sena line to a railway that runs between the deep water port of Nacala and Malawi.
'Unexploited coal reserve'
Its completion, including the refurbishment of the Nacala-Malawi railway, will come at the peak of Moatize mine's coal production, Mr Zucula said. Operations at Moatize, in Tete province, are run by Brazilian mining giant, Vale.
Mr Zucula said some of the new funding would also be used to dredge Beira port.
Our correspondent says the railway is part of Mozambique's plan to become a regional trans-shipment route.
Its three key ports - Maputo, Beira and Nacala - are strategically important to Mozambique's neighbours, especially landlocked Malawi, Zambia and Zimbabwe, as well as parts of South Africa.
The country also wants to serve as an alternative to the highly congested ports of Dar-es-Salaam in Tanzania and Kenya's Mombasa.
Source: BBC
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Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...
Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast
* Says increased Chinese demand, driving brighter outlook
Teck Resources Ltd said on Fr ...
Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...
Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...
Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
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- Ministry of Transport, Egypt
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- Economic Council, Georgia
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- The University of Queensland
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- Aboitiz Power Corporation - Philippines
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- Indian Energy Exchange, India
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- Goldman Sachs - Singapore
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- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
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- Straits Asia Resources Limited - Singapore
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- Altura Mining Limited, Indonesia
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- Ministry of Mines - Canada
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- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
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- Minerals Council of Australia
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- Cigading International Bulk Terminal - Indonesia
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- Pendopo Energi Batubara - Indonesia
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- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
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- Orica Australia Pty. Ltd.
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- GMR Energy Limited - India
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- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
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- Malabar Cements Ltd - India
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- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
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- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
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