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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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Friday, 19 February 16
INDONESIAN HBA HITS A NEW LOWS BELOW $51 A TON AS OVERSUPPLY, LOW DEMAND WOES PERSIST
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016. HBA has slumped second time t ...
Friday, 19 February 16
U.S. WEEKLY COAL PRODUCTION ROSE 2.6% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.2 million shor ...
Thursday, 18 February 16
INDIA NEEDS INTERNATIONAL SUPPORT ON HIGH EFFICIENCY COAL - WORLD COAL ASSOCIATION
Speaking at a conference in New Delhi today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving econ ...
Thursday, 18 February 16
CHINA COAL SECTOR - 2015 RESULTS BLEAK, 2016 UNLIKELY TO BE ANY BETTER - FITCH
COALspot.com: China Coal Sector’s Financial Woes to Worsen in 2016.
Fitch Ratings says that the 2015 full-year result previews issued by ...
Thursday, 18 February 16
PANAMAX RATES OUT OF ECSA WERE STILL GAINING A PREMIUM OVER THE REST OF THE MARKET - INTERMODAL
The BDI moved further down last week, fact that hardly took anyone by surprise as the lunar year holidays in Asia on top of the already depre ...
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- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- The University of Queensland
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
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