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Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources has approved the application by OEG’s fully owned subsidiary PT Orpheus Energy for an independent coal trading license, a press release from company said.
The coal trading license provides OEG with a new potential profit centre as it enables the company to not only sell its own coal but also production from other miners. Targeting power stations and trading groups from India, South China and Thailand, it is anticipated that OEG will ramp up its current trading volume of approx. 30,000t/month to several hundred thousand tonnes per month over the coming year.
Coal trading in Indonesia typically earns $1-$3 per tonne net margin for the coal trader.
Executive Chairman Wayne Mitchell said: “We have been working on securing our own coal trading license for some time and I am delighted that we are now able to add the next element to our overall Indonesian vertical integration strategy of coal exploration and production, coal trading and infrastructure. Trading our own and other miners’ coal provides Orpheus the flexibility and diversification to protect and enhance company earnings, particularly in a low coal price environment.”
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Friday, 31 August 12
ADVERSE SHIPPING MARKET CONDITIONS SHORTENS LIFE SPAN OF VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The adverse conditions which have been put in place in the world's freight markets, means that ship owners are forced to scrap vessels of a much yo ...
Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy
The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for tri ...
Thursday, 30 August 12
DRY BULK MARKET STILL LOOKING OUT FOR BETTER DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With things in China moving slowly this week, as a result of holidays, it’s no surprise that the latest positive trend in the dry bulk market ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART TWO - JOSEPH KIRSCHKE
One of the most prominent casualties of Canada's entry into the Colombian mining sector has been a priest named Jose Reynal-Restrepo. Last Septembe ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...
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- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- The Treasury - Australian Government
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
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