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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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Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
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- Wood Mackenzie - Singapore
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- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Australian Coal Association
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- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
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- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
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- Bangladesh Power Developement Board
- Eastern Energy - Thailand
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- Port Waratah Coal Services - Australia
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- Heidelberg Cement - Germany
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- Sojitz Corporation - Japan
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- Rashtriya Ispat Nigam Limited - India
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- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
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- Parry Sugars Refinery, India
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- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
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- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
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- Thiess Contractors Indonesia
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- Essar Steel Hazira Ltd - India
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- The University of Queensland
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Parliament of New Zealand
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- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
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- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Planning Commission, India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- White Energy Company Limited
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
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- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
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- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
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- Global Business Power Corporation, Philippines
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- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
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- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
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- Price Waterhouse Coopers - Russia
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- Deloitte Consulting - India
- PTC India Limited - India
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
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- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
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- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
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- Indonesian Coal Mining Association
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- Energy Link Ltd, New Zealand
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- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
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- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
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- The Treasury - Australian Government
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- Electricity Generating Authority of Thailand
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
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- Coastal Gujarat Power Limited - India
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