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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, 18 September 13
DRY BULK MARKET CONTINUED TO ADVANCE - INTERMODAL
Chartering (Wet: Stable- / Dry: Firm+ )
The Dry Bulk market continued to advance at a very fast pace, with the BDI closing off the week north ...
Tuesday, 17 September 13
BUMA PRODUCED 3.57 PERCENT MORE COAL IN AUGUST
COALspot.com: BUMA has removed totaled 25.20 million bcm of overburden to produce 2.90 million tons coal in August 2013. BUMI produced 3.07 percent ...
Tuesday, 17 September 13
NEWCASTLE PORT SHIPPED ABOUT 27 PERCENT MORE COAL WEEK ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 27.26 per cent week on week to 3.01 million mt for ...
Tuesday, 17 September 13
TAIPOWER INVITES BIDS FOR SUPPLY OF SUB-BITUMINOUS COAL
COALspot.com - Taiwan Power Company intends to procure 1.050 million tons of sub-bituminous coal for Taipower thermal power plant through open tende ...
Tuesday, 17 September 13
ORPHEUS SECURES SIGNIFICANT INFRASTRUCTURE DEAL THROUGH ACQUISITION OF SOUTH KALIMANTAN PORT CAPACITY
COALspot.com : Orpheus Energy Limited (ASX: OEG) of Australia has today announced that, it has executed a binding agreement with the proprietor of S ...
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- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- The University of Queensland
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
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