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Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than in the same month a year ago.
Exports declined to 5.44 million metric tons from 5.61 million tons, the terminal said in an e-mailed response to questions today, without giving reasons for the fall. In June the port shipped 5.52 million tons.
Prices of coal exported from the port rose 3 percent to $63.10 a ton in the week ended July 31, according to Hampshire, England-based market researcher McCloskey Group Ltd.
The terminal, on South Africa’s northeastern coast, 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.
At its current shipment rate, Richards Bay will export 59.9 million tons of coal this year compared with a capacity of 76 million tons and shipments of 61.79 million tons last year.
Stockpiles declined to 3.67 million tons as of July 31 from 4.05 million tons at the end of June. Seventy-two ships were loaded during the month and 606 trains arrived at the facility, RBCT said. It received 5.1 million tons of the fuel by rail.
Source: Bloomberg
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Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...
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- Xindia Steels Limited - India
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- PNOC Exploration Corporation - Philippines
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- Metalloyd Limited - United Kingdom
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- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
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- Australian Coal Association
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- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
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- Power Finance Corporation Ltd., India
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- The Treasury - Australian Government
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