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Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY


South Africa has an expanding coal-export terminal, but an uncertain rail capacity.

The mismatch is something South Africa cannot afford, given its current-account deficit and the need to export optimally.

Last year, South Africa’s coal exports were way below port capacity, reflecting a lost export opportunity.

While coal exports are expected to rise this year, if an increase eventuates, rail will determine its extent.

South Africa burns its low-grade coal to generate electricity and exports its high-grade coal very lucratively.

South Africa’s State-owned electricity utility, Eskom, wants more coal to feed its growing power-station demand, and coal miners want the dripping-roast export prices to bolster their business plans.

The two markets go hand in hand and have resulted in South African coal com- panies being able to keep power costs down and revenue rising from coal exports. To read more click
Mining weekly



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Recent News

Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd. In the ...


Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...


Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...


Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...


Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa . Indian imports of South Afr ...


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