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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, 28 April 13
PANAMAX FREIGHT COULD BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - This BDI closed slightly lower at 871 points (down by 1.91 pct) mainly due to drop in the Panamax index by almost 10 pct.
Th ...
Saturday, 27 April 13
HANDY : SLIDING ; PANAMAX : POSITIVE ; CAPESIZE : STILL ON ITS KNEES - FEARNRESEARCH
Handy
The Atlantic markets started sliding with no fresh cargoes seen in the market. The USG-Feast was at USD 18k and Black sea-Feast was at USD 11 ...
Saturday, 27 April 13
2ND CHINA INTERNATIONAL SHALE GAS SUMMIT
Press Release - 2nd China International Shale Gas Summit, 10-13 September 2013 | Chengdu, China
*The largest annual event for the shale gas indus ...
Friday, 26 April 13
LIMA SUMMIT IN JULY TO HIGHLIGHT LATIN AMERICAN MINING POTENTIAL
COALspot.com - Latin American mining industry officials and their private sector counterparts will be gathering in Lima, Peru on July 1-2 for the La ...
Wednesday, 24 April 13
FUTURE US POWER MARKET SHARES OF COAL, NATURAL GAS GENERATORS DEPEND ON RELATIVE FUEL PRICES - EIA
COALspot.com - In recent years, in US, natural gas competed more effectively with coal as a fuel for electricity generation as the cost of operating ...
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- The University of Queensland
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Planning Commission, India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
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