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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
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- Carbofer General Trading SA - India
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- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
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- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
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- Economic Council, Georgia
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- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
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- Singapore Mercantile Exchange
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- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- The University of Queensland
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Australian Coal Association
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
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- Sarangani Energy Corporation, Philippines
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- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
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