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.
|
|
Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...
Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...
Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...
|
|
|
Showing 5426 to 5430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- The University of Queensland
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
|
| |
| |
|
