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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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Saturday, 06 December 14
MUNDRA PORT MAKES HISTORY BY HANDLING THE LARGEST BULK CARRIER TO CALL ON WEST COAST OF INDIA
COALspot.com: Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, yesterday said its Mundra Port successf ...
Friday, 05 December 14
CHINESE SPECIAL STEEL MAKERS' RISK PROFILES MORE RESILIENT - FITCH
Fitch Ratings says the risk profiles of Chinese makers of special steel, especially high-end products, are more like those of manufacturers and mor ...
Friday, 05 December 14
U.S. YEAR-TO-DATE COAL PRODUCTION REACHED AROUND 905 MMST - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19 million short tons (mmst) of coal i ...
Thursday, 04 December 14
CAPE MARKET IS DEVELOPING FROM BAD TO WORSE
Handy
The Atlantic market has been pretty stable and balanced this week, Fearnleys AS says in its latest weekly report.
The broker furt ...
Thursday, 04 December 14
DRY BULK MARKET; ANOTHER DISAPPOINTING WEEK
COALspot.com: For those who have been hoping to see alignment of freight direction across the Dry Bulk market, this must have been another disappoi ...
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- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
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