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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, 10 February 14
Q1 2015, API 8 CFR SOUTH CHINA COAL SWAP CLOSED AROUND $ 2 HIGHER THAN Q2 14 PRICE
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 delivery lost 2.61 percent month on month and closed at US$ 77.28 per mt as on Frid ...
Monday, 10 February 14
SUPRAMAX STILL AT AROUND US$ 5K + BB 50K DELIVERY KALIMANTAN FOR A TRIP TO INDIA - CAPT. REDDY
COALspot.com: The BDI was down by 1.71 pct and closed at 1091 points week ended 7 February 2014. The BDI seemed to reach the bottom as the cape inde ...
Saturday, 08 February 14
U.S PRODUCED 84.5 MMMST OF COAL IN JANUARY; 2.05% UP MONTH ON MONTH, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.8 million short tons (mmst) of coal in ...
Friday, 07 February 14
DRY BULK MARKET ON ' REVERSE' MODE DUE TO CHINESE HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept its uninspiring mood throughout yet another week, with the Baltic Dry Index (BDI) hovering slightly above the 1,000-poi ...
Thursday, 06 February 14
INDONESIA'S BAN ON THE EXPORT OF RAW MINERAL ORES COMES INTO FORCE - INCE & CO
COALspot.com: On 12 January 2014, the ban on the export of unprocessed mineral ores came into effect in Indonesia. This ban enforces the Mining Law ...
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- Leighton Contractors Pty Ltd - Australia
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- Rio Tinto Coal - Australia
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- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
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- Marubeni Corporation - India
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- Attock Cement Pakistan Limited
- CNBM International Corporation - China
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- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
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- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- The Treasury - Australian Government
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
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