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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, 11 September 15
SHIPPING MARKETS SHOW MIXED EMOTIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has managed to show marginal improvements over the past few days, with the Capesize segment faring better than smaller dry bulk ...
Friday, 11 September 15
U.S'S WEEKLY COAL PRODUCTION WAS ALMOST FLAT PAST WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.6 million shor ...
Thursday, 10 September 15
U.S. H1' 15 STEAM COAL EXPORTS FELL BY 21 PER CENT Y-Y: EIA
Coal Trade
Slower growth in world coal demand, lower international coal prices, and higher coal output in other coal-exporting countries have all ...
Thursday, 10 September 15
INDONESIAN COAL BENCHMARK PRICE HITS A NEW LOW OF $58.21 PER TON
COALspot.com - The Director General of Mineral and Coal of Indonesia once a again revised down Indonesian coal benchmark price to US$ 58.21 per MT ...
Thursday, 10 September 15
IF NOT NOW, WHEN? - GIANNIS ANDRITSOPOULOS
Our industry is well known to be cyclical with some cycles lasting longer than others. Despite the fact that these shifts in the behavior of the fr ...
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- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
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