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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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Sunday, 29 September 13
SUB-BIT INDONESIA COAL SWAP FELL ON MONTH AND WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery fell 3.93 percept month on month on Friday 27 September 2 ...
Friday, 27 September 13
TAIWAN'S FORMOSA TO IMPORT 140K MT OF BITUMINOUS COAL FOR Q4
COALspot.com : Taiwan's Formosa Plastics Group is inviting bids for 140,000 mt of bituminous coal for delivery in the Q4 for its China plant.
Ac ...
Friday, 27 September 13
CAPESIZES REGAINING PART OF THEIR FORMER GLORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The latest dry bulk market rally has been nothing short of spectacular, with freight rates more than doubling over the past few weeks. This growth h ...
Friday, 27 September 13
US PRODUCED 19.30 MMST OF COAL IN SEVEN DAYS
COALspot.com – United States the world’s second largest coal producer produced approximately 19.30 million short tons (mmst) of coal in ...
Thursday, 26 September 13
PANAMAX MARKET CONTINUE WITH STRONG RATES IN BOTH BASINS - FEARNRESEARCH
Handy
Feast rates are still firm, some fresh stems entered the market. Vessels trading around $15k passing Singapore for coal to India, and a bit l ...
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- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- PTC India Limited - India
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
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