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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, 12 November 12
THE ESTABLISHMENT OF NORTH KALIMANTAN AS A NEW PROVINCE WILL NOT AFFECT THE LOCAL MINING COMPANIES
The government of Indonesia has ensured that the establishment of North Kalimantan as a new province will not affect the local mining companies ...
Monday, 12 November 12
DRILLING COMPLETED AT THE MOORLANDS DEPOSIT, WEST BOWEN PROJECT
Press Release - Cuesta Coal Limited (ASX: CQC) (“Cuesta”) is pleased to announce it has completed its exploration activities at the Moor ...
Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK
COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading g ...
Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November ...
Sunday, 11 November 12
THE IRON ORE AND COAL PRICES MOVEMENTS REMAINS LOW - VISTAAR
COALspot.com The market remained soft with all the sectors soft.
The BDI and was down by 4.67 pct closing at 940 points, on Friday 9 Novemb ...
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- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
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- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
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- PowerSource Philippines DevCo
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- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Planning Commission, India
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- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
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- White Energy Company Limited
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- Ministry of Transport, Egypt
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- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
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- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
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- Economic Council, Georgia
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- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
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- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
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- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
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- Energy Link Ltd, New Zealand
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- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Australian Coal Association
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- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
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- Kohat Cement Company Ltd. - Pakistan
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- Chamber of Mines of South Africa
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- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
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- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
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- Attock Cement Pakistan Limited
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- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
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- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
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- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Eastern Coal Council - USA
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- Goldman Sachs - Singapore
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- Rashtriya Ispat Nigam Limited - India
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- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
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- Meralco Power Generation, Philippines
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