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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
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Friday, 15 January 10
ADARO INDONESIA STILL TOPS IN INDONESIAN COAL EXPORT RANKING
COALspot.com (Indonesia): PT. Adaro Indonesia, the world first Envirocoal producer and Indonesia's second largest thermal coal producer is top coal ...
Friday, 15 January 10
NTPC TO ADD 6,000 MW EACH YEAR IN 12TH PLAN
Will raise total generation capacity to 75,000 Mw by 2017, up from 30,644 Mw at present.
India's largest power generator NTPC, which will launch ...
Friday, 15 January 10
POSCO SAYS 2010 COKING COAL AGREEMENT MAY BE DELAYED - BLOOMBERG
Posco, South Korea’s biggest steelmaker, said an agreement on coking coal prices for this year may be delayed because major suppliers of the s ...
Friday, 15 January 10
CHINA POWER FIRMS SEEK COAL IMPORTS, SUPPLY SCARCE
China's coal-hungry power plants have turned to imported coal to cope with widespread shortages, but spot supply is scarce, traders said on Thursda ...
Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...
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- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- White Energy Company Limited
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
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