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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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Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
Friday, 08 May 09
INDONESIAN STATE AUDIT BOARD COULD ONLY REACHED A SMALL NUMBER OF KP AND PKP2B - MAJALAHTAMBANG
THE LACK of personnel and the very limited time period have been the reasons why the 2nd semester of the special purpose audit for coal mining ...
Friday, 08 May 09
B.C.'S MINING INDUSTRY HIGH COAL PRICES TO RECORD 2008 PROFITS - PAGUNTAKA
AGGREGATE pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey.
B.C.’s minin ...
Thursday, 07 May 09
ASIA COAL-PRICES EASE TO NEAR $63 ON DEMAND CONCERNS - REUTERS
AUSTRALIAN thermal coal prices, a benchmark for Asia, edged lower to around $63 a tonne on concerns over demand, after hitting a two-week high of $6 ...
Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...
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- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
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