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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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Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...
Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy
The market continued the same trend as last week, low activity and holidays in some countries.
Rate wise unchanged, with US Gulf/Continent ...
Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...
Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN
Mr. Sahust Pratuknukul, President of Electri ...
Monday, 20 August 12
CHINESE COAL SWAPS RISE, INDONESIAN COAL CONTRACTS SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost -2.05 percent W-o-W on Friday (17 August 2012) closing but gained ...
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- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
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- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
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- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Planning Commission, India
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- Indika Energy - Indonesia
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- Global Coal Blending Company Limited - Australia
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- The University of Queensland
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- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
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- CNBM International Corporation - China
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- Riau Bara Harum - Indonesia
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- Romanian Commodities Exchange
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- Ministry of Transport, Egypt
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- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- SMC Global Power, Philippines
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
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- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
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- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
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