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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, 27 July 12
PACIFIC MARKET REMAINED FLAT - FEARNLEYS AS
Handy
The Atlantic market continued its downward trend from last week with what appears to be a summer lull across the board. A trip from the USG t ...
Wednesday, 25 July 12
BUKIT ASAMS H1 REVENUE JUMPED BY 13 PERCENT
COALspot.com - PT Bukit Asam (Persero), Tbk., the state owned coal miner's revenue in H1 2012, has jumped 13 percent to IDR 5.79 trillion (approxim ...
Wednesday, 25 July 12
BUMI RESOURCES MINERALS SECURED PINJAM PAKAI FOR ITS ZINC AND LEAD PROJECT
COALspot.com - PT Bumi Resources Minerals Tbk. ("BRMS" or "the Company") today reported that its 80% owned subsidiary, PT Dairi ...
Tuesday, 24 July 12
SHIP OWNERS WAITING FOR SHIP PRICES TO FALL FURTHER BEFORE MOVING IN MORE AGGRESSIVELY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the summer season already well under way and many ship owners getting ready for the autumn, the sale & purchasing activity of second hand v ...
Monday, 23 July 12
NTPC INVITES BIDS FOR 2.6 MILLION TONS OF LOW MOISTURE IMPORTED COAL
COALspot.com - India’s largest electricity generator, NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government ...
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- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- The University of Queensland
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
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