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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, 11 December 13
THE INDONESIAN GOVERNMENT IS CONSIDERING SETTING A REGULATION ON THE MINIMUM PURITY TO REGULATE UNPROCESSED ORE BAN
COALspot.com: Energy and Mineral Resources Minister Jero Wacik recently proposed to house those mining (mineral) companies that had shown a commitme ...
Wednesday, 11 December 13
BDI REACHED A PEAK OF YEAR RECORD OF 2,237 POINTS WHICH IS A SIGNIFICANT CHANGE IN MARKET CONDITIONS
Getting closer to the end of 2013, it is important that we have a review of the course the market has taken these past 12 months by looking at the B ...
Tuesday, 10 December 13
HNL, AN INDIAN STATE-OWNED NEWSPRINT PAPER MAKER SEEKS 50K TONS OF INDONESIAN 5600 COAL
COALspot.com: Hindustan Newsprint limited (HNL), an Indian state owned news print paper producer invited bids to supply 50,000MT of min 5,200kcal/kg ...
Tuesday, 10 December 13
COLOMBIAN THERMAL COAL EXPORTS SLIPPED 25.54% M-M IN OCTOBER'13
COALspot.com: Colombia's Thermal coal exports in October dropped 25.54% month on month to 5,990,815.13 million mt, according to data from mining de ...
Tuesday, 10 December 13
NEWCASTLE COAL EXPORTS PLUNGE W-O-W
COALspot.com: In the week ended December 9, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.50 ...
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- Power Finance Corporation Ltd., India
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- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
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- Commonwealth Bank - Australia
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- The State Trading Corporation of India Ltd
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- Romanian Commodities Exchange
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- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
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- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
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- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
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- Salva Resources Pvt Ltd - India
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- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
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- The Treasury - Australian Government
- Indian Energy Exchange, India
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- Directorate General of MIneral and Coal - Indonesia
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- Bangladesh Power Developement Board
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- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
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- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
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- Kohat Cement Company Ltd. - Pakistan
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- Savvy Resources Ltd - HongKong
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- New Zealand Coal & Carbon
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- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Medco Energi Mining Internasional
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- IHS Mccloskey Coal Group - USA
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- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
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- Banpu Public Company Limited - Thailand
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- AsiaOL BioFuels Corp., Philippines
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- PowerSource Philippines DevCo
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- International Coal Ventures Pvt Ltd - India
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- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
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