We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
 Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Terminal appears to have reached resolution, with an agreement to be ratified shortly, participants said on Thursday.
At the heart of the dispute was the allocation of limited coal deliveries for the Phase 5 expansion, which lifts RBCT’s export capacity to 91 million tonnes a year. However, the rail utility, Transnet Freight Rail, has capacity for just 65 million tonnes and any allocation to newcomers would have to come out of existing members tonnages.
Existing members of RBCT had to give up a portion of their rail allocation to ensure the producers earmarked to use Phase 5 could get coal to the port, a process which proved difficult to conclude. It is one that had to be reached though to ensure black economic empowerment miners had access to relatively lucrative export markets.
“The settlement is a compromise on the part of both parties and like all good compromises neither party is particularly happy,” said Trevor McGiddy, CEO of SDCT, which has spent R480m towards the R1.2bn Phase 5 expansion that adds 15 million tonnes to annual RBCT capacity.
At full export capacity of 91 million tonnes, the SDCT group, which comprises Exxaro Resources, E/Enterprises and Anker Coal, would have an allocation of six million tonnes out of the 15 million tonnes, which would enable them to recoup their investment in the expansion.
“Of course TFR is not at that 91 million tonnes level so our allocation in the short term until they get there is dependent on their performance,” McGiddy said.
If TFR manages to rail 65 million tonnes, the allocation to the participants in Phase 5 would be around four million tonnes, of which SDCT would have 1.75 million tonnes. “We’ve all had to bite the bullet on this one,” McGiddy said. “The financial model looks significantly different from when we first started the project.”
TFR railed 61 million tonnes in 2009 and expectations it will lift this to 65 million tonnes this year.
Work has progressed on TFR raising haulage capacity to 85 million tonnes as the first step towards reaching 91 million tonnes. “There is a strong cooperation between the coal industry and TFR,” he said.
The industry hope is that TFR will reach that 85 million tonnes level within four years.
Raymond Chirwa, CEO of RBCT, said in a recent presentation that of the 91 million tonnes, BEE companies would have a dedicated allocation of nearly 29 million tonnes or 32%.
The Phase 5 expansion, which is about a year behind schedule, will be commissioned on 1 May 2010.
Chirwa told Miningmx all the issues that had delayed the commissioning, including computer control systems, had been resolved and the expansion was good to go.
Source: Miningmx
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam T ...
Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
|
|
|
Showing 5201 to 5205 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
|
| |
| |
|
