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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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Tuesday, 03 July 12
DRY BULK MARKET INCHED FORWARD AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward at the beginning of the new week, prior to the US holidays regarding the celebration of the 4th of July, which is ...
Monday, 02 July 12
ORPHEUS STRENGTHENS REVENUE STREAM WITH NEW ROYALTY AGREEMENT AT THE B2 COAL PROJECT
Orpheus Energy (ASX:OEG) is pleased to advise that it has executed a life of mine Royalty Agreement with Indonesian mining contractor PT Debbia Mini ...
Monday, 02 July 12
DRY BULK DEMAND TO RISE TO 3.6 BILLION TONNES IN 2012, BUT NEW BUILDING DELIVERIES ARE
In its latest analysis on the dry bulk market fundamentals, DVB Bank said that dry bulk cargo demand is forecast to rise to approximately 3.6 billio ...
Sunday, 01 July 12
AUSTRALIAS CARBON TAX - SUNIL K KUMBHAT
COALspot.com - Climate Change
Climate change and global warming have now become buzzwords the world over. The disastrous consequences for global ...
Sunday, 01 July 12
DSP OF SGX ASIACLEAR OTC COAL SWAP'S THIS WEEKS MOVEMENTS SLIGHTLY POSITIVE
COALspot.com - SGX AsiaClear OTC Coal Swaps have recovered slightly this week and Q4 deliveries are also showing positive direction.
SGX’s ...
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- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
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