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Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual production for the first time.
The milestone, all the more unexpected following the slump in demand for iron ore in early 2009 together with severe flood-damage to rail operations, highlighted the substantial gains achieved through Rio Tinto's integrated network over the year.
The mine passed 50 million tonnes per year of product on 29 December.
Iron Ore chief executive Sam Walsh applauded the milestone as a tribute to efficiency gains made during the year.
"The 50 million tonnes per year mark is a worthy effort, made more notable still given that by April the mine was producing at a rate only sufficient to record 40 million tonnes for the year. To overcome the twin obstacles presented by the GFC impact and the flooding has been a major achievement."
Yandicoogina is situated in a rich channel iron deposit 95km north-west of Newman, in the Pilbara region of Western Australia. Opened in 1998, though originally conceived on a far smaller scale, its first full year of operations produced 10.7 million tonnes.
Since its most recent expansion through Junction South East in 2007 and 2008, Yandicoogina has been ramping up towards its nameplate annual capacity of 52 million tonnes. Last year it produced 45.6 million tonnes of saleable product.
Yandicoogina ore is marketed separately from Rio Tinto's Pilbara Blend and Robe River products. The pisolite ore is highly sought after by steel mills for its ability to improve the smelting of other ores. It is successfully marketed in Rio Tinto's major Asian destinations, where its sinter-efficient properties enhance its value in use in smelting fines.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.
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Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
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- Global Business Power Corporation, Philippines
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- Commonwealth Bank - Australia
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- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
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- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
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- SMC Global Power, Philippines
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
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- Samtan Co., Ltd - South Korea
- The University of Queensland
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- Africa Commodities Group - South Africa
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- Coal and Oil Company - UAE
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- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
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- Global Coal Blending Company Limited - Australia
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- Thai Mozambique Logistica
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- Aditya Birla Group - India
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- Bhushan Steel Limited - India
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- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
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- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
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- Star Paper Mills Limited - India
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- MS Steel International - UAE
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- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
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- Bharathi Cement Corporation - India
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- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
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- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
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- Dalmia Cement Bharat India
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- Directorate Of Revenue Intelligence - India
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- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
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- Standard Chartered Bank - UAE
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- Salva Resources Pvt Ltd - India
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- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
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- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Australian Coal Association
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- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
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- Energy Development Corp, Philippines
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- Rio Tinto Coal - Australia
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- Sakthi Sugars Limited - India
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- Ministry of Mines - Canada
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- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
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- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
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