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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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Monday, 11 March 13
SUB-BIT FOB INDONESIA COAL SWAPS FELL 1.41 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 1.41percent and CFR South China coal shipment ...
Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments.
The BDI was up by 6.70 pct closed at 843 points,  ...
Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...
Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference ...
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- CIMB Investment Bank - Malaysia
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- Coal and Oil Company - UAE
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- Orica Mining Services - Indonesia
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- PowerSource Philippines DevCo
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- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- MS Steel International - UAE
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- Krishnapatnam Port Company Ltd. - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Green Power PLC Corporation, Philippines
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- Indian Energy Exchange, India
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- Ambuja Cements Ltd - India
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- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
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- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
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- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
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- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
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- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
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- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
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- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- Price Waterhouse Coopers - Russia
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- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
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- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Wilmar Investment Holdings
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- Eastern Energy - Thailand
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- Planning Commission, India
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- Ministry of Transport, Egypt
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- Metalloyd Limited - United Kingdom
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- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
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- Sojitz Corporation - Japan
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- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Formosa Plastics Group - Taiwan
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- European Bulk Services B.V. - Netherlands
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- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
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