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Tuesday, 07 July 09
RBCT COAL EXPORTS TO REMAIN BELOW CAPACITY IN 2009
Coal volumes railed to South Africa’s Richards Bay Coal Terminal are continuing to fall far short of the corridor’s nameplate yearly capacity of 70 million tonnes, coming in at closer to an annualised 60 million tonnes.
Mr Chris Wells acting CEO of Transnet said that South Africa will do well to achieve volumes of between 64 million tonnes and 65 million tonnes for the year as a whole.
At the start of its 2009 financial year in April, the State-owned group’s rail division said it had budgeted to handle 69-million tons up until March 31, 2010, but undersupply from the mines had all but put paid to that ambition.
Rail volumes last year fell to a very disappointing 61.9 million tonnes, capping a three year trend of underperformance, with volumes having fallen consistently since 2006, when 68.8 million tons was railed.
There has been a concerted Transnet effort to improve rail’s performance since September, but now the mines are running short of supply. Both sides need to reach a deal that optimises South Africa’s foreign exchange potential.
Anglo American suitor Xstrata last week published an open letter in which it set out its rationale for an all-share ‘merger of equals’ that bore none of the usual characteristics of shareholder premiums and worker retrenchments.
Xstrata also said that South Africa will be the net beneficiary of the transaction, which it describes as a merger of two equally sized companies from which equally sized shareholder benefits will accrue. But Anglo remains implacably opposed to the deal, and its stance has won applause from the South African government and local trade unions.
Source: Steel Guru
(http://steelguru.com/news/index/2009/07/07/MTAxMjg2/RBCT_coal_exports_to_remain_below_capacity_in_2009.html)
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Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
Tuesday, 07 July 09
Q+A - INDONESIA MINING SECTOR FACES ELECTION RISKS - REUTERS
Indonesia has struggled to lure foreign investment to its mining sector in recent years, and the nationalist line on resource exploitation taken by ...
Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough Interna ...
Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offsh ...
Tuesday, 07 July 09
TATA POWER AID THE INDONESIAN COAL MINES
BL reported that Mr Prasad Menon MD of TATA Power aid the Indonesian coal mines PT Kaltim Prima Coal and PT Arutmin Indonesia in which TATA Power ha ...
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- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
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