Lots of demand from China, India and Taiwan. The bottleneck is at the ports so there are always ships waiting. I read a couple of weeks ago in the paper that there were 90 waiting of Hay Point near Mackay at one stage.
Lots of demand from China, India and Taiwan. The bottleneck is at the ports so there are always ships waiting. I read a couple of weeks ago in the paper that there were 90 waiting of Hay Point near Mackay at one stage.
i wish they were waiting off brisbane to take our mineral..........unfortunately we are still waiting for china to start buying
You won't find me on: faceplant; Scipe; Infragam; LumpedIn; ShapCnat or Twitting. I'm just not that interesting.
Our production is down & the Chinese cant get enough coal, so next year there will be more coal mines again. More people out of the city again, more jobs for those of us who don't want to live away from the missus & kids!!!!!!!!! all good I say![]()
Yeah, all the good camping and beach spots are being lost to the resource industries.....Devil Creek, soon to be Cleaverville as well.....bloody place is getting far too civilised
Used to drive for hours on end down the coastal highway and just pull in virtually anywhere towards the beaches and beautiful isolation. Not now, new mine sites, gas facilities etc springing up all over the place
Yeah, I know, all the money coming into the country etc and you can't have it both ways blah blah......but where is left for us grumpy sods to escape the world and get some peace????
Civilisation, bah humbug, who needs it
Uncheery
Mick
'They' want to open a pit 5km down the road from me, right beside the river.
Some of you may have seen the ads on SBS recently voiced by Jack Thompson in opposition to it. That's 'my' river, which a lot of people and rural industries rely on for water.
Just over the range from here BHP and a Chinese mining co want to long wall underground mine under the Liverpool Plains, the richest farmland in NSW, which sits on top of a massive aquifer system that stretches for hundreds of km around the north west of the state.
No one can yet guarantee water safety in either operation.
IMO, water security in Australia is a more pressing concern than Climate Change, but that seems to be tossed for 25 years worth of coal royalties.
Know what you mean Mick. I can't get over the number of new projects springing up along that stretch of road ............. and I've only been up there for a few months.
I'm at the new one on the left just south of the Panna turnoff.
Went up and had a look at Dampier a couple of weeks ago on our day off. Nothing much changed since the last time I was there about 10 years ago, except for the supermarket closed down and they're converting the building into a new Customs office
Next day off, thinking of heading up your way for a look see, and hope to get out to Cossack to show my mate who's never been out there (and didn't know it existed).
Cheers .........
BMKAL
I went & found this, the Newcastle Port have a Web Site
Weekly Operations Report
Vessel Traffic Information Centre
Week Ended - 0700 hours 21 December 2009
Coal Shipments Current Month
Total tonnes Shipped for the Week. 1,911,735
Progressive for Current Month 5,597,393
Starting Projection Current Month 8,348,000
Record Monthly Coal Shipment 8,788,415 October 2009
There are 60 vessels off the port waiting to load 4,158,998 tonnes of coal. There are five vessels in the port loading 406,900 tonnes.
Average Waiting Time for Vessels - (Entered port during the week)
Cargo Type
Coal 13.16 Days
Non Coal .13 Days
Coal Stocks on Hand as at 0001 hours
291,937 tonnes at Carrington and 893,504 tonnes at Kooragang.
So its not the Coal availability by the looks of it, 1.19 million tonnes ready to load & 60 ships ready to take away 4.1 million tonnes.
There must be some bloody big holes in the ground up that way![]()
Hot off the international press........
FAIRPLAY DAILY SHIPPING NEWS
24, December 2009
Top Story
China tells growth targets
--
CHINA still plans to be top dog in economic growth in 2010, with its commerce ministry predicting a 10% first-quarter increase and an average of 8% for the year.
This will be similar to 2009 figures when those calculations have been completed. This is good for the shipping markets – in particular the coal trade.
Metallurgical and steam coal demand is set to rise, the former on an increase in economic activity, the latter on weather conditions. Coking coal imports should rise by nearly 6% in 2010, compared with 2009, to 38M tonnes.
Japan's and South Korea's steel industries are also predicted to increase production, with metallurgical coal imports rising by 14% and 17%, respectively.
These three countries should account for 14M tonnes of additional shipping
movements for coking coal.
As for thermal coal, winter turned up early in some areas of China, and rainfall was lacking in others. This has resulted in a fall in hydro-electric output and an increase in thermal coal demand.
Despite Beijing’s enormous investment in railways, movements still have to be prioritised, and thermal coal is being given priority over iron ore and coking coal.
A fall in output from Richards Bay (South Africa) has resulted in increased demand for thermal coal from Newcastle; more than 50 ships will spend Christmas and the New Year anchored off New South Wales waiting for a berth.
Andy
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