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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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Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...
Thursday, 26 April 12
TAIPOWER TO BUY 375,000 MT OF 4800 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 375,000 metric tons of low sulfur sub-bituminous coal for Taipower thermal power plant ...
Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta K ...
Thursday, 26 April 12
DRY BULK CARRIERS RENTER FLEET AFTER IDLING, ON MARKETS RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be back on track, not only solidifying the gains of the past couple of weeks, but also racing to new heights, recuperra ...
Thursday, 26 April 12
PANAMAXES AGAIN EARN MORE THAN CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of demand for Panamaxes has led the dry bulk market to new higher ground on Monday, with the Baltic Dry Index (BDI) reaching 1,090 ...
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- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
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- McConnell Dowell - Australia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Eastern Coal Council - USA
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- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
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