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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, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
Wednesday, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
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- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Australian Coal Association
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- Therma Luzon, Inc, Philippines
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- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Mjunction Services Limited - India
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- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
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- Central Java Power - Indonesia
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- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
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- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
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- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
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- Pendopo Energi Batubara - Indonesia
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- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
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- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
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- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
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- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
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- Directorate General of MIneral and Coal - Indonesia
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- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
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- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
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- Interocean Group of Companies - India
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- White Energy Company Limited
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- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- The Treasury - Australian Government
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- Bangladesh Power Developement Board
- The University of Queensland
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- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
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- Power Finance Corporation Ltd., India
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- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
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- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
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- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
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- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
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- Petrochimia International Co. Ltd.- Taiwan
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- Samtan Co., Ltd - South Korea
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