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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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Monday, 28 March 16
THE SUPRAMAX INDEX WAS UP TWENTY-FOUR POINTS TO 473 POINTS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 25 March 16
DRY BULK SHIPPING FLEET WILL GROW BY 1.3% DURING 2016 - BIMCO | HELLENIC SHIPPING NEWS
The dry bulk market will keep on suffering, at least until the start of 2017 and possibly well after that, should the current balance of supply and ...
Friday, 25 March 16
U.S COAL PRODUCTION DECLINED 9.1% W/W - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.3 million shor ...
Thursday, 24 March 16
PERSISTENT OVERCAPACITY TO PROLONG CHINA'S COAL SECTOR DOWNTURN - FITCH
China's coal sector is likely to remain under pressure in the short to medium term as structural weaknesses in demand and overcapacity persist, ...
Thursday, 24 March 16
SEABORNE TRADE: CHECKING UP ON THE TRENDS - CLARKSON RESEARCH
Following a decline in 2009, seaborne trade grew on average by 4.9% p.a. in 2010-13, reflecting booming import demand in a number of key importing ...
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- Mjunction Services Limited - India
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- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Wilmar Investment Holdings
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- Anglo American - United Kingdom
- Singapore Mercantile Exchange
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
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- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
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- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
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- Africa Commodities Group - South Africa
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- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
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- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
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- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
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- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
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- GVK Power & Infra Limited - India
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- The University of Queensland
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
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- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
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- Indogreen Group - Indonesia
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- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Bhatia International Limited - India
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