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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, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...
Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds ...
Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...
Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31.86* million tons of coal in April 2012, compared to 30.64* million tons i ...
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Showing 4711 to 4715 news of total 6871 |
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- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
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