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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, 21 September 15
KOMIPO OF KOREA INVITES BIDS FOR BITUMINOUS COAL
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 390,000 Metric Tons (MT) of minimum 4,600 kcal ...
Sunday, 20 September 15
BALTIC CAPE INDEX ROSE 66.52 PER CENT AND STAND NOW AT 1995 POINTS
COALspot.com: The BDI (Baltic Dry Index) rose 17.35 per cent week over week to 960 points on Friday mainly driven by the Capesize segment. The Cape ...
Friday, 18 September 15
SHIPPING AND THE FED RATE DECISION: FINANCING COSTS COULD RISE EVEN HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Regardless of the FED’s decision to raise rates, shipping stands to be influenced by the decision. Shipbroker Allied Shipbroking noted this w ...
Friday, 18 September 15
U.S. COAL PRODUCTION DECLINED 6.7 PER CENT W-W: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.4 million shor ...
Thursday, 17 September 15
COALSPOT HAS LAUNCHED NEW THERMAL COAL INDICES FOR INDONESIAN COAL
COALspot.com has today launched real-time CS (i) Coal Indices.
The Indices represents 3800 kcal/kg GAR, 4200 kcal/kg GAR, 5000 kcal/kg GAR a ...
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- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- The University of Queensland
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Eastern Coal Council - USA
- VISA Power Limited - India
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