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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, 13 May 09
COAL SUPPLY MAY BE VASTLY OVERESTIMATED - ABC SCIENCE
The world's coal supply suggests reserves may be vastly overestimated and we could be facing an unprecedented global energy crisis, according to a ...
Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
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- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
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- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
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- McConnell Dowell - Australia
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- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- The University of Queensland
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
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