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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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Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...
Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...
Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...
Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...
Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
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- Essar Steel Hazira Ltd - India
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- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Ministry of Mines - Canada
- London Commodity Brokers - England
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- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
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- Electricity Generating Authority of Thailand
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- IHS Mccloskey Coal Group - USA
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- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
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- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
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- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
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- Indika Energy - Indonesia
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- The University of Queensland
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
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