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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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Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
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- Electricity Generating Authority of Thailand
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- Ministry of Transport, Egypt
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- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
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- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
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- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
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- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
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- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
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- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
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- Altura Mining Limited, Indonesia
- Parliament of New Zealand
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- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
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- Ceylon Electricity Board - Sri Lanka
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- Wilmar Investment Holdings
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- New Zealand Coal & Carbon
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- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
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- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
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- Economic Council, Georgia
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- Kumho Petrochemical, South Korea
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- Georgia Ports Authority, United States
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- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
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- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
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- Commonwealth Bank - Australia
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- Wood Mackenzie - Singapore
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- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
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- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
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- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
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- TNB Fuel Sdn Bhd - Malaysia
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- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
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- Independent Power Producers Association of India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
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- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
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