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Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
 Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern China and the accelerated push by Indian importers for more tonnage, during the Coaltrans conference, held in Johannesburg earlier this month.
He attributed the increase to China’s accelerated infra-structure build and the liberal-isation of the Indian coal sector, as well as the latter country’s struggles to fulfil its Ultra Mega Power projects programme.
Strahan pointed out that the domestic markets had also been promising, and increased their effectiveness and competitive position by reducing freight rates by about a quarter in the last month.
The reduced pricing was exerting pressure on Australian and Indonesian markets, significantly improving South Africa’s competitive position to supply eastern and northern Asian markets. “Clearly, the tradition whereby most South African coals were directed to Europe is set to change,” he said.
In addition, the country would see the arrival of 128 new Capesized vessels by the end of the year. This was the equivalent of an additional 14% of the existing fleet.
“Inevitably, this must lead to cheaper freight rates, consequently offering South African producers an economic advantage and wider market options going forward.”
However, Strahan said that the lingering question was whether South African coal producers were able to supply sufficient volumes of coal to fill logistic export capacities in addition to supplying State utility Eskom and other domes-tic industries.
Strahan said that it was expected that exports from the Richards Bay Coal Terminal (RBCT) would fall below 70-million tons this year. “This can be attributed partly to the
persistent rail transport prob-
lems, as well as the conse-quences of heavy rains, signal failures and generally lower production by South African coal producers.
“All of this, when RBCT capacity is set to increase by next month, on the phase five programme, to 91-million tons of capacity.”
However, Strahan noted that the RBCT’s exports in July rose by just over 30%, compared with exports for the corresponding period in 2008, with much of that heading for India.
“In fact, India now accounts for 20% to 30% of export volumes from South Africa. And, indeed, that is set to expand.”
Lastly, Strahan commented that it should not go unnoticed that other export terminals performed very well during the year, including the Maputo coal terminal and the Durban export facility.
Source: Mining Weekly
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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
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- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
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