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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, 14 March 14
US, THE WORLD'S SECOND LARGEST COAL PRODUCER MINED 75.3 MMST OF COAL IN FEBRUARY; DOWN 10.88% M-M
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.7 million short tons (mmst) of coal ...
Thursday, 13 March 14
HANDY: THE FAR EAST MARKET IS IN AN UPWARD TREND - FEARNRESEARCH
Handy
Atlantic is a bit under pressure for spot tonnage, but the underlying sentiment is positive for the short medium future. 2-3 legs are do ...
Thursday, 13 March 14
MARKET INSIGHT - CHRISTOPHER T. WHITTY
By Christopher T. Whitty
Marketing Manager
Cotzias Intermodal Shipping Inc.
During the last year we have noticed that a fair number of ...
Wednesday, 12 March 14
ADARO ENERGY IMPROVES EFFICIENCY AND GENERATED STRONG EBITDA IN 2013
COALspot.com: PT Adaro Energy Tbk, Indonesia's single largest coal miner posted revenue of US$ 3.28 billion and cost of revenue of US$ 2.54 ...
Wednesday, 12 March 14
DGOMC OF INDONESIA REVISED DOWN THE BENCHMARK PRICES FOR COAL BY 4.26% IN MARCH
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down the government's declared coal bench mark price ...
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- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
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