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Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
 * First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.
The company had earlier predicted for the license to be granted within the third quarter.
Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.
"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.
CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.
The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.
Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.
CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.
The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.
The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.
"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.
Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters
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Friday, 24 March 17
ADARO INDONESIA'S COAL SALES VOLUME INCREASED SLIGHTLY TO 54.1 MILLION TONES IN 2016
COALspot.com: PT. Adaro Indonesia, Indonesia’s second largest coal miner’s sales volume increased slightly to 54.1 million tones (Mt) i ...
Friday, 24 March 17
U.S COAL PRODUCTION ESTIMATE DECLINE 4.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.1 million short tons ...
Thursday, 23 March 17
CAPESIZE: TAKING A BREATHER AFTER RALLYING - BUT OUTLOOK FOR WEEKS TO COME NOT SCARY - FEARNLEYS
Supramax
In the Pacific the market seems somewhat slower this week, although healthy rates still being achieved said Fearnleys in its latest week ...
Thursday, 23 March 17
KOREA MIDLAND POWER COMPANY LIMITED INVITES BIDS FOR TOTAL 4.77 MILLION TONS OF BITUMINOUS COAL FOR ITS BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 2,090,000 Metric Tons of Bituminous coal f ...
Wednesday, 22 March 17
THE DRY BULK MARKET HAS UNDOUBTEDLY REBOUNDED SINCE THE SAME PERIOD LAST YEAR - KONSTANTINOS KONTOMICHIS
The Dry Bulk market has undoubtedly rebounded since the same period last year and currently enjoys healthier freight rates. The positive reversal i ...
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- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Parliament of New Zealand
- Marubeni Corporation - India
- Thai Mozambique Logistica
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- The University of Queensland
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
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