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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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Sunday, 26 April 09
INDONESIAN GOVT SAYS COAL MINES CAUSE WEEKLONG FLOOD - THE JAKARTA POST
Samarinda administration in East Kalimantan admitted openly Thursday that the weeklong flood that paralyzed the city was caused by unruly management ...
Saturday, 25 April 09
FOREIGN SHARE DIVESTMENT STARTING THE 6TH YEAR OF PRODUCTION - MAJALAH TAMBANG
The government would set a divestment scheme for foreign miners, which would require companies to divest their ownership starting the 6th year of pr ...
Saturday, 25 April 09
INDO TAMBANGRAYA MEGAH ALLOCATED USD 126 MILLION FOR CAPITAL SPENDING - MAJALAH TAMBANG
Somyot Ruchirawat, President Director of PT Indo Tambangraya Megah, Tbk (ITMG), has announced the company's total dividend payment of Rp 1,345 per ...
Saturday, 25 April 09
MINING SECTOR IS STILL ON THE SURPLUS - THE JAKARTA POST
The global financial crisis is apparently also having an impact on the mining sector. People are thinking twice about investing in the mining sector ...
Saturday, 25 April 09
ADARO RUNS CATARACT OPERATION PROGRAM - THE JAKARTA POST
As part of its CSR program, thermal coal producer PT Adaro Indonesia has made cataract operations available to residents of Tandjung district, South ...
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- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
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- Latin American Coal - Colombia
- Mercator Lines Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
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- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
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- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- PTC India Limited - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
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- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
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- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
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- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
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- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Planning Commission, India
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
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- SMC Global Power, Philippines
- London Commodity Brokers - England
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- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
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