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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, 15 November 13
US COAL PRODUCTION UP 2.59% WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.8 million short tons (mmst) of coal in ...
Friday, 15 November 13
TAIWAN'S PLASTICS GROUP FORMOSA TO IMPORT 1.37 MILLION TONS OF COAL FOR Q1' 14
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for total 1.37 million mt of coal for 1Q’ 14 for its various plants in Taiwan, ...
Thursday, 14 November 13
KOMIPO TO BUY 270K MT OF SUB-BITUMINOUS COAL FOR Q2' 14
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International Open Bidding for 140,000 Metric Tons (MT) of sub-bituminous coal ...
Thursday, 14 November 13
PANAMAX : MARKET SHOULD BE AROUND USD 11500 FOR 1 YEAR - FEARNLEYS AS
Handy
The Atlantic market has picked up this week with prompt ships able USG for November dates coming off and chrts need to pay up in order to cov ...
Wednesday, 13 November 13
Y'14 SUB-BIT INDO COAL SWAP MOVING AT SNAIL-SPEED
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’2014 delivery gained 2.95 percept month on month on Friday ...
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- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
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