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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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Thursday, 07 January 10
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Thursday, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
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Wednesday, 06 January 10
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Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...


Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...


Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday. Bambang Setiawan, the director general of mineral r ...


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