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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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Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...
Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy
The market continued the same trend as last week, low activity and holidays in some countries.
Rate wise unchanged, with US Gulf/Continent ...
Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...
Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN
Mr. Sahust Pratuknukul, President of Electri ...
Monday, 20 August 12
CHINESE COAL SWAPS RISE, INDONESIAN COAL CONTRACTS SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost -2.05 percent W-o-W on Friday (17 August 2012) closing but gained ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Australian Coal Association
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
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