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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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Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- The University of Queensland
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
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