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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, 12 November 12
DRILLING COMPLETED AT THE MOORLANDS DEPOSIT, WEST BOWEN PROJECT
Press Release - Cuesta Coal Limited (ASX: CQC) (“Cuesta”) is pleased to announce it has completed its exploration activities at the Moor ...
Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK
COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading g ...
Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November ...
Sunday, 11 November 12
THE IRON ORE AND COAL PRICES MOVEMENTS REMAINS LOW - VISTAAR
COALspot.com The market remained soft with all the sectors soft.
The BDI and was down by 4.67 pct closing at 940 points, on Friday 9 Novemb ...
Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...
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- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
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