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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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Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
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- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- The University of Queensland
- Australian Coal Association
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
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