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Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing company, located in Banjarmasin, South Kalimantan.
- Coal sales purchase agreement signed to supply coal to an Indonesian steel manufacturing group
- 8,000 – 10,000 tonnes per month of ADK coal to be delivered to the buyer
- Benchmark pricing with quarterly reviews
According to company’s press note, under the terms of this initial agreement, the off taker will purchase thermal coal from Orpheus Energy’s ADK Kintap mine f or one year, commencing December 2012, at the rate of 8,000 – 10,000 tonnes per month. The coal will be transported by truck to the steel operation, approximately 140km from ADK, for use in power generation at the facility.
The coal will be sold at benchmark pricing, with quarterly adjustments, and the coal specification requires the following characteristics: Calorific Value 5500-5300 Kcal/Kg (ADB), 33-35% Total Moisture (ADB), 2-4% Ash (ADB), and 0.5% Sulphur (ADB).
Executive Chairman Wayne Mitchell said: “ We recently told shareholders that we were in negotiations regarding longer term contracts for our ADK coal and we are now happy to announce our first off take agreement. The benchmark pricing outcome represents a vote of confidence in the company’s ability to deliver, and positions us t o sell increasing quantities of coal as our mines ’ capacity grows. This is an important milestone in our plans to establish Orpheus Energy as a significant supplier of coal to both export and Indonesian domestic markets”, a note from company said.
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Wednesday, 20 July 16
EDIBLE OIL MARKETS ACROSS THE GLOBE REMAIN UNDER PRESSURE - STELIOS KOLLINTZAS
The edible oil markets across the globe remain under pressure on the back of lackluster demand. Some of the main factors causing the low activity a ...
Tuesday, 19 July 16
INDONESIAN THERMAL COAL INDEXES CONTINUALLY FIRM UP ON ROBUST BUYING INTEREST - CS COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose One percent week over week to averaging $40.38 per ton this past week, shows CS ...
Monday, 18 July 16
FROM PIT TO PORT: DRY BULK NEEDS A NEW PATH TO PROFITABILITY - TOC EUROPE
During the golden years for commodities, from 2005 to 2014, high demand and big profit margins pushed companies to produce more and more, sacrifici ...
Monday, 18 July 16
BALTIC DRY INDEX REMAIN FIRM, UP BY 5.97 WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to remain firm with all segments ending in posi ...
Friday, 15 July 16
US COAL PRODUCTION DOWN 8.4% WEEK-OVER-WEEK
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 12.9 million short tons (mms ...
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- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
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