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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, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000 Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...
Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy
The market remained variable.
Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...
Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...
Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...
Tuesday, 15 May 12
POTENTIAL BOOM OF CHINAS COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...
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- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Economic Council, Georgia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
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