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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, 29 June 16
THE DRY BULK INDICES, OPPOSITE TO MOST GLOBAL MARKET INDICES, ROSE END OF LAST WEEK
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Tuesday, 28 June 16
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Tuesday, 28 June 16
CHINA'S IRON ORE IMPORTS: HOW MUCH MORE WORK FOR CAPES? - CLARKSONS
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Monday, 27 June 16
LATEST NEWS ON BIMCO'S CONTRACTS AND CLAUSES
BIMCO is currently updating several of its most widely used charter parties including SUPPLYTIME and BARECON. New developments include the Standard ...
Monday, 27 June 16
BREXIT RESULT COULD SEE UK FACING AN EXODUS OF MARITIME TALENT - FASTSTREAM
The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued ...
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- Australian Commodity Traders Exchange
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- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Georgia Ports Authority, United States
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- The Treasury - Australian Government
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- Deloitte Consulting - India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
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- ICICI Bank Limited - India
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- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
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- Australian Coal Association
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- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
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- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
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- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
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- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
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- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Goldman Sachs - Singapore
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- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
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- Price Waterhouse Coopers - Russia
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- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
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- Global Business Power Corporation, Philippines
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- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Sical Logistics Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
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- Latin American Coal - Colombia
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- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
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- Neyveli Lignite Corporation Ltd, - India
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- Wilmar Investment Holdings
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- White Energy Company Limited
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- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
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- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
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- Gujarat Sidhee Cement - India
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- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
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- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Bangladesh Power Developement Board
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- Romanian Commodities Exchange
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- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
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- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
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- Wood Mackenzie - Singapore
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- Standard Chartered Bank - UAE
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- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
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