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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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Friday, 25 April 14
US PRODUCED APPROXIMATELY 19 MILLION SHORT TONS OF COAL IN A WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 25 April 14
2ND MYANMAR ELECTRIC POWER CONVENTION 2014 IS THE GATEWAY TO MYANMAR POWER INDUSTRY!
Press Release: 2nd Myanmar Electric Power Convention (MEPC) 2014 is scheduled on 21-23 October, 2014 at Traders Hotel in Yangon, Myanmar. MEPC o ...
Friday, 25 April 14
DRY BULK MARKET LOOKING FOR NEW TRACTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market seems to have gained its footing after the past few dissapointing weeks, during which the Baltic Dry Index (BDI) shedded mos ...
Thursday, 24 April 14
HANDY : A FLOW OF FRESH REQUIREMENTS LIFTING THE PACIFIC SLOWLY TO US$ 10-11 K BSS SINGAPORE FOR COAL ROUNDS
Handy
There is still no place to hide in the Atlantic for the smaller but flexible sizes. Slow and weak seems to be the headlines, although th ...
Wednesday, 23 April 14
EUROPE WOULD BE HARD PRESSED TO REPLACE RUSSIAN GAS, FITCH RATINGS SAYS
A ban on Russian gas imports to the EU would cause substantial disruption to Europe's economy and industry, Fitch Ratings says. In the immed ...
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- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
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