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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, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
Wednesday, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) res ...
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- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
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- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- White Energy Company Limited
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
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