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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, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
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- Petrochimia International Co. Ltd.- Taiwan
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- The University of Queensland
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- Metalloyd Limited - United Kingdom
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- Petron Corporation, Philippines
- Indian Oil Corporation Limited
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- ASAPP Information Group - India
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- Electricity Generating Authority of Thailand
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- Commonwealth Bank - Australia
- Parliament of New Zealand
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- Merrill Lynch Commodities Europe
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- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
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- Karbindo Abesyapradhi - Indoneisa
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- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
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- Ministry of Finance - Indonesia
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- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
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- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
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- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
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- South Luzon Thermal Energy Corporation
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- Banpu Public Company Limited - Thailand
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- PNOC Exploration Corporation - Philippines
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- The State Trading Corporation of India Ltd
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- Ind-Barath Power Infra Limited - India
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- Edison Trading Spa - Italy
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- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
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- Australian Coal Association
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- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
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- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
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- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
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- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- The Treasury - Australian Government
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- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
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- Tata Chemicals Ltd - India
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- Bahari Cakrawala Sebuku - Indonesia
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- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
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- Eastern Coal Council - USA
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- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
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- Marubeni Corporation - India
- Lanco Infratech Ltd - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
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- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Economic Council, Georgia
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