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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, 20 November 13
PANAMAX MARKET RESUMED ITS NEGATIVE MOVEMENT FOR A SECOND WEEK IN A ROW - INTERMODAL
COALspot.com: The recovery noted the week prior in the dry Bulk market proved to be short-lived, as the BDI slipped back down to the low 1,500 point ...
Wednesday, 20 November 13
TAIPOWER TO IMPORT 0.825 MMT OF 5000 GAR COAL FOR Q2' 14
COALspot.com: Taiwan Power Company intends to procure 825,000 metric tons of general sub-bituminous coal with calorific value not lesser than 5,000 ...
Wednesday, 20 November 13
CAPES AND PANAMAXES SOFTENING; SMALLER SIZE SEGMENTS FIRMING FURTHER - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable- )
The BDI has closed off the week on the red, with rates for Capes and Panamaxes softening and those fo ...
Tuesday, 19 November 13
INDONESIAN GOVERNMENT'S DECLARED COAL PRICE REFERENCE UP 1.98% IN NOVEMBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 1.52 / MT ...
Tuesday, 19 November 13
WEEKLY COAL EXPORTS FROM NEWCASTLE PORT INCREASED BY 20.59%
COALspot.com: In the week ended November 18, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.92& ...
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- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- White Energy Company Limited
- PTC India Limited - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- MS Steel International - UAE
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
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