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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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Thursday, 30 April 15
IRON ORE EXPORTS: A DANGEROUS RACE? - CLARKSONS
The surge in iron ore exports in recent years has resulted in a significant decrease in iron ore spot prices, which dipped to a ten year low of bel ...
Thursday, 30 April 15
IRON ORE PLAYS EXPECTED TO SHAPE UP MAY DRY BULK SCHEDULE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Market plays in the iron ore commodities’ markets, are expected to carve out the future demand for the shipping industry as well, said Allied ...
Wednesday, 29 April 15
MARKET INSIGHT - INTERMODAL
The figures of China’s slowing down imports of coking coal for the first quarter of the year are coming to confirm what everybody was expecti ...
Wednesday, 29 April 15
SHIPBUILDERS START OFFERING DISCOUNTS FOR DRY BULK NEWBUILDINGS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It took a while, but now it appears that some shipbuilders are beginning to adjust their price lists to the new grim reality of the dry bulk market ...
Tuesday, 28 April 15
FOB INDONESIA COAL SWAP DECLINED M-O-M; INCREASED W-O-W
COALspot.com: Indonesian coal swap for delivery Q2 2015 gained week over week but declined month on month.
The Q2 swap was declined US$ 0.15 ( ...
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- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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