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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, 25 March 09
MINISTER ASKS ROYALTIES BE PAID IN COAL, NOT CURRENCY - THE JAKARTA POST
Coal companies could pay their royalties to the government in coal, rather than in rupiah, under a proposal made by Energy and Mineral Resources Min ...
Wednesday, 25 March 09
INDONESIA'S STATE ELECTRICITY COMPANY DEMAND FOR COAL TO SOAR NEXT YEAR AS POWER OUTPUT RISES - THE JAKARTA POST
State electricity company PT PLN will need more coal next year as it seeks to generate more power through new plants operated by its subsidiary PT I ...
Tuesday, 24 March 09
INDONESIA'S KPC AGREES FIRST MAJOR CHINA COAL DEAL - REUTERS
Indonesian miner PT Kaltim Prima Coal last week agreed its first major long-term deal to sell thermal coal to China, with 1 million tonnes to be shi ...
Tuesday, 24 March 09
INDONESIA ANTAM'S SETS ASIDE $37 MLN FOR COAL MINES - REUTERS
Indonesian state-owned miner, PT Aneka Tambang Tbk, has allocated $37 million for acquiring coal mines, the company said on Monday.
Antam said la ...
Monday, 23 March 09
NIPPON STEEL, BMA AGREE TO 57 PCT CUT IN COAL PRICE - REUTERS
Nippon Steel Corp has agreed with Australia's BHP Billiton Mitsubishi Alliance (BMA) to pay $128 to $129 per tonne for coking coal in the year from ...
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- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Minerals Council of Australia
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- The University of Queensland
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
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