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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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Monday, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...
Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...
Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...
Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...
Thursday, 12 March 09
INDONESIA'S CIREBON ELEC IN TALKS ON COAL SUPPLIES - REUTERS
Reuters reported that, Indonesia's PT Cirebon Electric Power, an independent power producer, is in talks with a number of coal suppliers to seek a ...
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- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
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