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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, 20 October 15
FOB RICHARDS BAY COAL SWAPS SINK INTO RED THIS PAST WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
Tuesday, 20 October 15
API 5 FOB NEWCASTLE COAL SWAP CLOSED NEGATIVE
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $1.23 per ton (2.86%) month over month to US$ 41.80 per ton. The ...
Monday, 19 October 15
RUSSIA MAJOR COAL MINER KRU CUTS 4.5 MLN T/YR "UNPROFITABLE" EURO SALES - JACQUELINE HOLMES
COALspot.com: Kuzbassrazrezugol (KRU), one of Russia's largest producers of high-quality coal, plans to cut its coal exports in 2016 by about 4 ...
Monday, 19 October 15
CFR SOUTH CHINA COAL SWAP CLOSED AT $48.68 PER TON
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 55 (1.12 %) per ton month over month.
A commodity ...
Monday, 19 October 15
KOMIPO SEEKS 1.28 MILLION T/Y COAL FOR DEC 2015 - Q2 2016
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,280,000 Metric Tons (MT) of minimum 4,600 kc ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
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