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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, 01 September 13
INDONESIA TO INDIA SPOT FREIGHT STAYS FIRM THIS WEEK - VISTAAR
COALspot.com: The freight market continued to be firm with even though the BDI and Cape index dropped by about 3 pct week on week.
The BDI was do ...
Friday, 30 August 13
US COAL PRODUCTION FELL 0.48 PERCENT WEEK ON WEEK - EIA
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.70 million short tons (mmst) of ...
Thursday, 29 August 13
HANDY: THE PACIFIC MARKET STARTED HEALTHY THIS WEEK - FEARNRESEARCH
Handy
The Pacific market started healthy this week. We have seen many bauxite, iron ore and few coal fixtures. Ships passing Singapore were able to ...
Thursday, 29 August 13
NO RATING IMPACT ON INDONESIAN ENERGY COMPANIES FROM RUPIAH DEPRECIATION - FITCH RATINGS
Fitch Ratings says the credit profiles of rated Indonesian energy and utilities companies, including thermal coal producers, will largely remain una ...
Wednesday, 28 August 13
THE BDI HAS MOVED TO LEVELS CONSIDERABLY STRONGER THAN THE BEGINNING OF THE YEAR - INTERMODAL
By George Bassakos
SnP Broker - Intermodal
We have already reached the end of August and whilst students are preparing themselves for another sc ...
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- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Planning Commission, India
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- Mjunction Services Limited - India
- White Energy Company Limited
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
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- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Sical Logistics Limited - India
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- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
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- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
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- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
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- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- PTC India Limited - India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
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- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
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- Ministry of Finance - Indonesia
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- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Parliament of New Zealand
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- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
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- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
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- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
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