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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 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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- Central Java Power - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
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- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
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- Thai Mozambique Logistica
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
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- Parliament of New Zealand
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- Antam Resourcindo - Indonesia
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- Bhoruka Overseas - Indonesia
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- Standard Chartered Bank - UAE
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- Siam City Cement - Thailand
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- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
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- Africa Commodities Group - South Africa
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- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
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- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Economic Council, Georgia
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
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- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
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