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Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT


Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challenges”, CEO Raymond Chirwa reported on Tuesday.

The RBCT exported 61,14-million tons of coal last year, compared with 61,7-million tons in a “smoother” 2008.

Chirwa explained that the business challenges related to integration problems with the new terminal control system.

The RBCT reported that State-owned Transnet Freight Rail (TFR) had delivered 61-million tons in 2009 and that the terminal had achieved 0,14-million tons more than the rail utility by using its stockpile as a buffer.

“TFR’s nonperformance in meeting our rail capacity’s requirements is now the only constraint in the coal value chain,” said Chirwa.

The RBCT said that TFR had admitted that it had not delivered on its mandate and that the rail utility had drawn in additional technical resources to ramp up capacity.

“A collaborative effort is what will help South Africa regain and retain its leadership position in global coal export markets,” Chirwa noted. To read more Mining Weekly



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Recent News

Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...


Thursday, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...


Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant. Accord ...


Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...


Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15  vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...


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