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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, 07 July 14
RBCT, THE WORLD'S SINGLE LARGEST EXPORT COAL TERMINAL SHIPPED 31.91 MMT OF COAL IN H1 2014
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the world’s single largest export coal terminal, shipped 31.91 million ton ...
Monday, 07 July 14
SOUTH AFRICA'S RICHARDS BAY COAL TERMINAL SHIPPED 12% LESS COAL IN JUNE COMPARED TO MAY EXPORTS
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the world’s single largest export coal terminal, shipped 4.91 million tons ...
Monday, 07 July 14
INDONESIAN SUB-BIT COAL SWAPS FOR Q3 DELIVERY CRASHES THROUGH $ 54.50
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
Monday, 07 July 14
API 8 CFR SOUTH CHINA COAL SWAPS SHOW A DOWNWARD TREND THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in Q3 drops US$ 5.47 month on month on Friday, dipping under $68 a ton. The CFR South Ch ...
Sunday, 06 July 14
PANAMAX INDEX BEING THE BIGGEST GAINER THIS WEEK; UP 52.75% W-O-W
COALspot.com: This week there was some positive signs in all the sectors. The Panamax index being the biggest gainer this week after losing for sev ...
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- Romanian Commodities Exchange
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- PowerSource Philippines DevCo
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- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
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- VISA Power Limited - India
- Latin American Coal - Colombia
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- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
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- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
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- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
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- Maheswari Brothers Coal Limited - India
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- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
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- PetroVietnam Power Coal Import and Supply Company
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- Rashtriya Ispat Nigam Limited - India
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- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
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- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
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- Coal and Oil Company - UAE
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- Planning Commission, India
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- Port Waratah Coal Services - Australia
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- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
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- White Energy Company Limited
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- Power Finance Corporation Ltd., India
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- Attock Cement Pakistan Limited
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- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
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- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
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- Australian Coal Association
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- Wood Mackenzie - Singapore
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- San Jose City I Power Corp, Philippines
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- The University of Queensland
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- New Zealand Coal & Carbon
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- Aboitiz Power Corporation - Philippines
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- Ministry of Finance - Indonesia
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- Medco Energi Mining Internasional
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- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
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