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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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Wednesday, 27 November 13
SHIP OWNERS ONCE AGAIN TURN TO DRY BULK CARRIERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners once again turned to more dry bulk carrier ordering over the course of the past week, as more and more appear convinced of the industry ...
Tuesday, 26 November 13
EWP INVITES COAL BIDS FOR 2014 - 2018 DELIVERIES
COALspot.com: Korea East-West Power Co. Ltd (EWP) invited bids to supply 130,000MT of min 5,600kcal/kg (Sub)-bituminous Coal on NCV basis for March ...
Tuesday, 26 November 13
NEWCASTLE COAL EXPORTS SLIP 22.62% W-W
COALspot.com: In the week ended November 25, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.26 ...
Monday, 25 November 13
THE SUB-BIT INDONESIA COAL SWAP MOVEMENT IN YEAR 2014 IS STILL FAR FROM PROMISING
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 2.54 pmt month on month on Friday 22 Novemb ...
Sunday, 24 November 13
CFR SOUTH CHINA COAL SWAPS FOR Q4' 14 DELIVERY PRICE SHOWS A NEGATIVE TREND WEEK ON WEEK AND FLAT ON D-D
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.13 percept d-d on Friday 22 November 2013. The CFR South ...
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- Electricity Generating Authority of Thailand
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- Economic Council, Georgia
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- Toyota Tsusho Corporation, Japan
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- Ministry of Mines - Canada
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- Minerals Council of Australia
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- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
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- Energy Link Ltd, New Zealand
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- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
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- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
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- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
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- Antam Resourcindo - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Sindya Power Generating Company Private Ltd
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- Kumho Petrochemical, South Korea
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- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
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- Parliament of New Zealand
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- Ceylon Electricity Board - Sri Lanka
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- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
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- India Bulls Power Limited - India
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- Sree Jayajothi Cements Limited - India
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- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
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- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
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- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
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- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Wilmar Investment Holdings
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- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Neyveli Lignite Corporation Ltd, - India
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- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
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