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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, 28 January 14
RESOURCE NATIONALISM OR PROTECTIONISM FOR THE MINING AND EXTRACTIVES INDUSTRY - JOHN WHITTAKER & MICHAEL SWANGARD
Resource nationalism or protectionism for the mining and extractives industry as well as soft commodities sector and the oil industry.
‘Res ...
Tuesday, 28 January 14
DRY BULK SHIP OWNERS RETREAT TO OLD 'HABITS', REFUSING TO DEMOLISH OLD VESSELS, THREATENING MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
If one thing is clear as we reflect on the 2013 shipping markets, it's that ship owners took advantage of low prices, in order to acquire newer ton ...
Monday, 27 January 14
MERCATOR SINGAPORE REPORTS 52% INCREASE IN EBITDA FOR Q3 FY 2014 AS COMPARED TO PREVIOUS QUARTER
COALspot.com: Mercator Lines (Singapore) Limited, a leading Indian-owned international dry bulk shipping company that operates a fleet of fourteen d ...
Monday, 27 January 14
13TH CLEAN COAL FORUM 2014
COALspot.com: (Press Release) - Produced by CDMC Events, The 13th Clean Coal Forum 2014 will be held on June 12 &13 2014 in Beijing, China. We a ...
Monday, 27 January 14
Q3 & Q4 API 8 CFR SOUTH CHINA COAL SWAPS CONTINUE TO REMAIN WEAK
COALspot.com: API 8 CFR South China Coal swaps for average Q1 14 delivery lost 4.45 percent month on month and closed at US$ 79.05 per mt as on Frid ...
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- Vizag Seaport Private Limited - India
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- Gujarat Electricity Regulatory Commission - India
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- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Australian Coal Association
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
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- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Independent Power Producers Association of India
- Romanian Commodities Exchange
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- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
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- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
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- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
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