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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, 15 December 14
INDONESIAN COAL PRICE REFERENCE CRASHES THROUGH $65
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in December. HBA for t ...
Monday, 15 December 14
CFR SOUTH CHINA COAL SWAP LOST $3.37 M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3,37 (-5.33%) month over month and US$ 1.58 (-2.57%) ...
Monday, 15 December 14
Q1' 15 FOB NEWCASTLE COAL SWAP CLOSED AT $ 51.45 ON 12 DEC
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.45 per MT (-2.74%) closed at US$ 51.45 on 12 December month over ...
Sunday, 14 December 14
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The Baltic Dry Index (BDI), a measure of commodity-shipping costs, fell 12.12 pct to 863 points week ending 12 December 2014.
Th ...
Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy
We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its ...
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- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Planning Commission, India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Marubeni Corporation - India
- PTC India Limited - India
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
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