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Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in the first quarter of next year, as many as three months later than expected.
The terminal’s capacity “will be 81 million tons by the end of this month, progressing towards 91 million tons during the first quarter of next year,” Chief Executive Officer Raymond Chirwa said in an e-mailed statement today. The terminal’s capacity now is 76 million tons a year.
Richards Bay, Africa’s largest coal export terminal, said on June 15 that it had postponed the completion date of the expansion until the fourth quarter. More than 80 percent of its coal exports are destined for Europe and the Indian sub- continent, according to Chirwa.
At its November shipment rate, the terminal will export 60.6 million tons of coal this year, down from 61.79 million tons in 2008.
Richards Bay, located on South Africa’s eastern coast, is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. While it is the world’s largest coal-export terminal, the Australian port of Newcastle ships more of the fuel from two terminals.
Source: Bloomberg
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Monday, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...
Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...
Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...
Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...
Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
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- Directorate Of Revenue Intelligence - India
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- Alfred C Toepfer International GmbH - Germany
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- Ministry of Transport, Egypt
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- Africa Commodities Group - South Africa
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- Global Business Power Corporation, Philippines
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- White Energy Company Limited
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- Global Coal Blending Company Limited - Australia
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- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
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- Parliament of New Zealand
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- Sakthi Sugars Limited - India
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- The University of Queensland
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- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
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- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
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- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
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- Ambuja Cements Ltd - India
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- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
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- Marubeni Corporation - India
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- Gujarat Sidhee Cement - India
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- Agrawal Coal Company - India
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- IEA Clean Coal Centre - UK
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- Independent Power Producers Association of India
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- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
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- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
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- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
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- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
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- Globalindo Alam Lestari - Indonesia
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- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
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- Goldman Sachs - Singapore
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- Indian Energy Exchange, India
- MS Steel International - UAE
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