August 2024

August 30, 2024

The Pet coke prices continue to slide downwards at a steady rate, and it is expected that by the last quarter of the year it will reach around USD 92/95 CFR WCI from current pricing of 104/105$ CFR

The FIRST transhipment operation in Guinea to load cargo of bauxite which commenced in June 2024 took almost 24 days to load with an average net rate of 17,000 MT PWWD, the delays was purely due to monsoon season and due to time taken at the barge loading terminal for carrying out various testing while operating on the load and stabilising the machinery, barge loader, conveyor system etc.

The next operation is expected to start after the monsoon season in Guinea.