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.
|
|
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...
Wednesday, 29 August 12
SECOND HAND VESSELS IN HIGH DEMAND DESPITE SUMMER SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the slow summer season, ship owners appear to be rather keen in acquiring some modern second hand tonnage at "knock-down" prices. ...
Monday, 27 August 12
BUMI BOOKS $322.1 MILLION NET LOSS IN 1H 2012 IN SPITE OF 8.6 PERCENT INCREASE IN SALES REVENUE
PT Bumi Resources Tbk, the single largest coal producer and exporter in Indonesia announces its first half financial report for the ...
Monday, 27 August 12
OVER 200 FOREIGN COMPANIES AND ENERGY MAJORS EXPECTED AT 2ND MOGP SUMMIT IN YANGON
Singapore based CMT and Machinery & Solutions Co. Ltd (M&S) announce that the 2nd MOGP Summit will be held on 3-6 September at the Sedona ho ...
Sunday, 26 August 12
SOUTH AFRICAN COAL OVERVIEW
South Africa's indigenous energy resource base is dominated by coal.
Internationally, coal is the most widely used primary fuel, accounting for ...
|
|
|
Showing 4601 to 4605 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Planning Commission, India
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
|
| |
| |
|
