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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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- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
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