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Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
 COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta Kalimantan) thermal coal have successfully been shipped out of the SSDK port and sold to an Indonesian trading group.
According to press release of the company, the coal has a typical South Kalimantan product specification of 5500-5300 Kcal/Kg (ADB), and is low in ash and sulphur. Coal quality assays are expected in the next fortnight and once received, final pricing will be agreed.
The SSDK port, located approximately 15km from the ADK coal mine, and some 10km down the coast from the PCMU (“Citra”) port, provides additional available capacity for Orpheus Energy coal exports.
Executive Chairman Wayne Mitchell said: “We are delighted that the Joint Venture has been able to progress so quickly into coal exports since we first announced Orpheus had secured a 50% equity interest in the ADK coal (Alam Duta Kalimantan) project, in March 2012. The SSDK port provides Orpheus with valuable extra capacity to increase our export tonnage, which we intend to aggressively pursue over the coming months”.
Source: Six Degrees Investor Relations
About Orpheus Energy Limited
Orpheus Energy Limited (“OEG”) is a coal company focusing on coal production and exploration in Indonesia. OEG also owns some Australian coal and industrial minerals projects. Orpheus has signed a strategic alliance with PT Mega Coal International (‘Mega’) which is an existing coal producer and exporter. Orpheus is on a fast track to growth, through increasing production at the recently acquired ADK project, moving its B26/34 projects into production, definitive exploration programmes at the Papua project and acquiring near term production assets.
About PT Mega Coal
PT Mega Coal is a privately-held coal mining company with an extensive local network and mining experience in Indonesia. OEG has an existing strategic alliance with PT Mega Coal, notably including its joint ventures for ADK, B26/B34 and Papua. The strategic alliance with PT Mega Coal enables the opportunity for continued additional coal concessions in Indonesia.
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Sunday, 15 April 12
THE SPOT FIXTURE RATES FOR SUPRAMAX IN SE ASIA SAW SOME SOFTENING OF CHARTER RATES - VISTAAR
COALspot.com - The market seem to be holding and except for Supramax and handy size index all other index was up with BDI up by 4.74 pct closing at ...
Friday, 13 April 12
MINERS OPPOSE GOVTS EXPORT TAX PLAN - THE JAKARTA POST
The Jakarta Post reported that, Indonesian mining companies have strongly protested the government’s plan to impose a 25 percent export tax on ...
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor& ...
Thursday, 12 April 12
FIRST QUARTER OF 2012 SAW AN ADDITIONAL 24.2 MILLION DWT OF DRY BULK CARRIERS ENTERING THE FLEET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The inflow of newbuilt dry bulk vessels was larger than expected in the first quarter of 2012. As much as 24.2 million DWT were added to the fleet. ...
Wednesday, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL
COALspot.com - 42.35 million ton of coal found in just 2% of PT Insani Bara Perkasa’s total concession area of 24,477 hectare.
Accord ...
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- Thai Mozambique Logistica
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- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
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- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
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- Georgia Ports Authority, United States
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- Maheswari Brothers Coal Limited - India
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- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
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- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
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- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
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- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- The Treasury - Australian Government
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
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