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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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Wednesday, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference
2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique
http://www.immevents.com/mo ...
Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...
Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...
Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...
Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...
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- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- The University of Queensland
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
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