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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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Tuesday, 02 December 14
U.S WEEKLY COAL PRODUCTION FELL 1.4% WEEK ON WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.6 million short tons (mmst) o ...
Tuesday, 02 December 14
FOB RICHARDS BAY COAL SWAPS LOST MONTH OVER MONTH
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month, week on week and day over day.
The Q1 swap has lost U ...
Tuesday, 02 December 14
SUB-BIT FOB INDONESIA COAL Q1' 15 DELIVERY SWAP CLOSED AT US$ 49.50
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 0.4 ...
Monday, 01 December 14
SGX'S FOB NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT US$ 52.50
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.50 on 28 November after losing US$ 1.20 (-2.23%) month ove ...
Monday, 01 December 14
Q2' 15 DELIVERY CFR SOUTH CHINA COAL SWAP CLOSED 0.42% LOWER THAN Q1' 15 DELIVERY CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 2.45 (-3.78%) month over month and US$ 0.67 (-1.06%) we ...
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- Holcim Trading Pte Ltd - Singapore
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- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
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- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
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- Meralco Power Generation, Philippines
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- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
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- Essar Steel Hazira Ltd - India
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- Goldman Sachs - Singapore
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- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
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- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
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- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
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- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
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- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
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- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
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- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Trasteel International SA, Italy
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- Wilmar Investment Holdings
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- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
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- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
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