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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
 RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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- Economic Council, Georgia
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- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
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- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Mjunction Services Limited - India
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- Simpson Spence & Young - Indonesia
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- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
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- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
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- Bhoruka Overseas - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
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- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
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- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
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- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
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