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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, 16 December 15
FOB RICHARDS BAY COAL SWAP SLUMP 5.5% FROM LAST MONTH
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
Wednesday, 16 December 15
MARKET INSIGHT - KATERINA RESTIS
On Friday 4th of December the meeting of OPEC was held in Vienna, Austria. Since its last meeting, oil and product stock levels have continued to r ...
Tuesday, 15 December 15
THE GOVERNMENT DECLARED THERMAL COAL BENCHMARK PRICE CRASHING ONCE AGAIN
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price down to below 2009 level. HBA has slumped by 1.69% mo ...
Tuesday, 15 December 15
API 5 FOB NEWCASTLE COAL SWAP FIRM W-W; WEAK M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $.13 per ton (0.35%) month over month to US$ 37.07 per ton. The swap w ...
Monday, 14 December 15
5000 GAR CS (I) COAL INDEX DECLINE US$ 0.04 PER TON W-O-W
COALspot.com: The 5000 GAR CS (i) coal index decline US$ 0.04 per ton (-0.10 %) week over week.
According to the CS (i) coal (system generated ...
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- Bhoruka Overseas - Indonesia
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- Parliament of New Zealand
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- Interocean Group of Companies - India
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- Wilmar Investment Holdings
- Ministry of Transport, Egypt
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- Australian Commodity Traders Exchange
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- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Savvy Resources Ltd - HongKong
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- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
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- Wood Mackenzie - Singapore
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- The State Trading Corporation of India Ltd
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- Planning Commission, India
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- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
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- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
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- Indonesian Coal Mining Association
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
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- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
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- Eastern Energy - Thailand
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- Metalloyd Limited - United Kingdom
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- White Energy Company Limited
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- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
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- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
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- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
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- SMC Global Power, Philippines
- Australian Coal Association
- Economic Council, Georgia
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- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
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- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
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- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
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- Krishnapatnam Port Company Ltd. - India
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- India Bulls Power Limited - India
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- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
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