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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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Sunday, 29 April 12
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The BDI continued to go up with the support of Panamax/Supramax and was up by 8.34 pct closing at 1,156 points.
The cape index was ...
Sunday, 29 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS FOR MAY 2012 DELIVERY WAS STABLE THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps for May deliveries stable this week, according to DSP of SGX AsiaClear OTC Coal Swaps. In the me ...
Friday, 27 April 12
BUKIT ASAMS NET INCOME UP 14% IN 1Q 2012 (UNAUDITED)
Press Release - PT Bukit Asam (Persero) Tbk, announced the Consolidated Financial Statements and Subsidiaries per 31 March 2012 (Unaudited).
Reve ...
Thursday, 26 April 12
AUSTRALIAS COKAL EXPANDS MET COAL POTENTIAL INTO WEST KALIMANTAN
COALspot.com - Global metallurgical coal group Cokal Limited (Cokal) (ASX:CKA) announced today it has completed the acquisition of 75.2% of PT Silan ...
Thursday, 26 April 12
BUKIT ASAMS 1Q OPERATING PROFIT MARGIN HAS INCREASED BY 6% TO RP. 1 TRILLION
COALspot.com - PT. Bukit Asam (Persero), the Indonesia’s state owned coal miner's 1Q, 2012 revenue has increased by 31% to Rp. 3.02 trillion ...
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- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- White Energy Company Limited
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- The University of Queensland
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Australian Coal Association
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
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