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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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Saturday, 17 March 12
THE FREIGHT RATES FOR INDONESIA TO INDIA REMAINED FIRM - VISTAAR SINGAPORE
COALspot.com - The market continued to be firm and all segments were up except for Cape Index which was down by 2.46 pct closing at 1,466 points.
...
Saturday, 17 March 12
INDIAN GOVT FINALIZES DRAFT BILL FOR COAL REGULATOR - PTI
The coal sector would soon get a regulator as the government has finalised a draft bill for the purpose, Coal Minister Sriprakash Jaiswal said Wedne ...
Friday, 16 March 12
THE PACIFIC MARKET IS FIRMING UP - FEARNLEYS AS
Handy
A slightly positive trend was seen last week in the Atlantic. Skaw-Passero deliveries fixed around USD 3k to US Gulf, while US Gulf deliveres ...
Thursday, 15 March 12
RAINS AVERAGE SELLING PRICE OF COAL WENT UP BY 22 % IN 2011
COALspot.com - PT. Resource Alam Indonesia Tbk, an Indonesian CCoW (3rd Generation) holder reported Wednesday a 171 percent increase in net profits ...
Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES
Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back ...
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- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- White Energy Company Limited
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Australian Coal Association
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
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