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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, 03 May 13
SHIP OWNERS ARE INVESTING HEAVILY IN DRY BULK CARRIER NEWBUILDINGS ONCE MORE: IS THERE ANY RATIONALE? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market remains heavily oversupplied and just as the orderbook of newbuildings had began to shrink, it seems that sh ...
Wednesday, 01 May 13
NEWCASTLE PORT SHIPPED 23.14 PER CENT MORE COAL WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,997,729 tons of thermal and coking coal for week ended 0700 hours 29 April 2013, Newca ...
Tuesday, 30 April 13
KATINGAN RIA THERMAL COAL TO START PRODUCTION FROM EARLY 2014
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced the completion of the Feasibility Study for its 51% owned Katingan Ria thermal co ...
Monday, 29 April 13
FIRST TRADES OF SGX API 8 CFR SOUTH CHINA COAL SWAP
COALspot.com - The SGX API 8 CFR South China Coal Swap went live for clearing on SGX-DC today with a total volume of 25,000 metric tonnes (25 lots). ...
Sunday, 28 April 13
SUB BIT INDONESIA COAL & CFR SOUTH CHINA COAL SWAPS STAY POSITIVE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average May 2013 delivery has gained 0.34 percent and CFR South China coal shipment gai ...
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- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
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- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
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- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
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- Romanian Commodities Exchange
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
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- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- PTC India Limited - India
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- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
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- Bhushan Steel Limited - India
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
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- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- White Energy Company Limited
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
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- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
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- Karbindo Abesyapradhi - Indoneisa
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- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
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- Global Green Power PLC Corporation, Philippines
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- Minerals Council of Australia
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
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- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
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- Thiess Contractors Indonesia
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- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
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