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Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava Island coal export terminal will have an export capacity of up to 35 million tonnes a year and will ship coal from the Bowen and Surat basins in Queensland, said a spokesman from Xstrata's coal unit in Australia.
Xstrata said the port, which will be able to accommodate vessels of up to 110,000 tonnes, will help alleviate congestion at three other coal terminals in Queensland, located at Gladstone, Dalrymple Bay and Abbot Point.
Most of Australia's coal ports are dogged by infrastructure constraints and suffer from endemic congestion, with the bottlenecks resulting in lengthy queues of ships waiting for berths.
The ship queues and lengthy waiting times for vessels to load coal have in recent years become a big headache for Australian coal miners, as the logjams have crimped their sales and cost them millions of dollars in shipping penalties.
According to documents filed with the federal environment department, Xstrata said existing port capacities and known future port expansions will not be able to handle its production growth expectations.
The Balaclava port will service increased production at Xstrata's Rollestone and Oaky Creek coal mines, the documents showed.
Xstrata hopes to start construction of the port in 2012 and for the facility to be operational by 2014.
Source: Reuters, Business Spectator
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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 Ch ...
Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...
Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...
Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...
Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
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- Star Paper Mills Limited - India
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- Alfred C Toepfer International GmbH - Germany
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- Sical Logistics Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
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- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
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- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Economic Council, Georgia
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- Planning Commission, India
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
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- Chamber of Mines of South Africa
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- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
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- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
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- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
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- Thiess Contractors Indonesia
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
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- Global Business Power Corporation, Philippines
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- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
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- Indonesian Coal Mining Association
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
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- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
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- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
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- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
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- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
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- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
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- Bulk Trading Sa - Switzerland
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- Directorate Of Revenue Intelligence - India
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- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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