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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, 18 May 15
FOB NEWCASTLE COAL SWAPS SCORE MONTHLY GAINS
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.87 per MT (1.99%) month over month and lost US$ 0.03 week on w ...
Monday, 18 May 15
Q1' 16 API 8 CFR SOUTH CHINA COAL SWAP CLOSED HIGHER THAN Q3' 15 CLOSING PRICE
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.05 (2.10%) per MT month over month and US$ 0.53 (1.05%) pe ...
Sunday, 17 May 15
INDONESIA - INDIA FREIGHTS RATES EXPECTED TO FLAT TO SOFT NEXT WEEK
COALspot.com: The BDI was up by 10.45% and closed at 634 points week on week, while the Cape index saws big jump or up almost 55% for the same peri ...
Friday, 15 May 15
DRY BULK AND CONTAINER SHIPPING TO REMAIN WEAK, OUTLOOK FOR PORTS AND TANKERS POSITIVE - DREWRY MARITIME EQUITY RESEARCH
Global economy is in a gradual recovery mode, sending mixed signals to investors. Chinese economic data continues to remain weak as economy transit ...
Friday, 15 May 15
COAL PRODUCTION IN U.S DOWN 1.4 MILLION TONS FOR THE WEEK ENDING MAY 8
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.0 million short ...
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- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
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