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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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Tuesday, 03 November 15
API 5 FOB NEWCASTLE COAL SWAPS DECLINE CONTINUES
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery slid $1.84 per ton (4.34%) month over month to US$ 40.54 per ton. The swap ...
Tuesday, 03 November 15
EU OIL MAJORS FACE FURTHER EARNINGS DECLINE IN Q415 - FITCH RATINGS
The sharp drop in major European oil companies' third-quarter profits is likely to be extended in the fourth quarter as refining margins, which ...
Monday, 02 November 15
DESPITE CHALLENGING MARKET CONDITIONS, ADARO LOWERS COSTS, DEBT AND DELIVERS STRONG FREE CASH FLOW
COALspot.com: Despite challenging market conditions, Adaro lowers costs, lowers debt and delivers strong free cash flow.
The Indonesia’s ...
Monday, 02 November 15
CFR SOUTH CHINA COAL SWAPS CLOSED ON A WEAK NOTE
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined US$ 1.81(3.71 %) per ton month over month.
A commodity swap ...
Sunday, 01 November 15
THE FREIGHT MARKET SENTIMENT REMAINS WEAK
This week’s freight market sentiment remains weak compared to last week.
The Baltic Dry Index (BDI), an economic indicator issued daily ...
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- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
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