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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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Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...
Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...
Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands.
The Viet Nam Coal ...
Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...
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- Ministry of Finance - Indonesia
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- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- The University of Queensland
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- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
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- ICICI Bank Limited - India
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- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
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- Tata Chemicals Ltd - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
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- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
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- Parliament of New Zealand
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- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
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- Coal and Oil Company - UAE
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- Heidelberg Cement - Germany
- Economic Council, Georgia
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- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
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- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
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- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Kumho Petrochemical, South Korea
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- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
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- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
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- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
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- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
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- Deloitte Consulting - India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
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- Wilmar Investment Holdings
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
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- PTC India Limited - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
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- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
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- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
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- Sakthi Sugars Limited - India
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- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
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- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
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