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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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Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...
Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...
Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think.
But power major NTPC Ltd is finding that this year’s coal is not yie ...
Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...
Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...
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- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Minerals Council of Australia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- The University of Queensland
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
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