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Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY


South Africa has an expanding coal-export terminal, but an uncertain rail capacity.

The mismatch is something South Africa cannot afford, given its current-account deficit and the need to export optimally.

Last year, South Africa’s coal exports were way below port capacity, reflecting a lost export opportunity.

While coal exports are expected to rise this year, if an increase eventuates, rail will determine its extent.

South Africa burns its low-grade coal to generate electricity and exports its high-grade coal very lucratively.

South Africa’s State-owned electricity utility, Eskom, wants more coal to feed its growing power-station demand, and coal miners want the dripping-roast export prices to bolster their business plans.

The two markets go hand in hand and have resulted in South African coal com- panies being able to keep power costs down and revenue rising from coal exports. To read more click
Mining weekly



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Recent News

Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...


Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009 * Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009 * Production down 1.4 pct t ...


Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...


Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...


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