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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 Kalimantan) thermal coal have successfully been shipped out of the SSDK port and sold to an Indonesian trading group.
According to press release of the company, the coal has a typical South Kalimantan product specification of 5500-5300 Kcal/Kg (ADB), and is low in ash and sulphur. Coal quality assays are expected in the next fortnight and once received, final pricing will be agreed.
The SSDK port, located approximately 15km from the ADK coal mine, and some 10km down the coast from the PCMU (“Citra”) port, provides additional available capacity for Orpheus Energy coal exports.
Executive Chairman Wayne Mitchell said: “We are delighted that the Joint Venture has been able to progress so quickly into coal exports since we first announced Orpheus had secured a 50% equity interest in the ADK coal (Alam Duta Kalimantan) project, in March 2012. The SSDK port provides Orpheus with valuable extra capacity to increase our export tonnage, which we intend to aggressively pursue over the coming months”.
Source: Six Degrees Investor Relations
About Orpheus Energy Limited
Orpheus Energy Limited (“OEG”) is a coal company focusing on coal production and exploration in Indonesia. OEG also owns some Australian coal and industrial minerals projects. Orpheus has signed a strategic alliance with PT Mega Coal International (‘Mega’) which is an existing coal producer and exporter. Orpheus is on a fast track to growth, through increasing production at the recently acquired ADK project, moving its B26/34 projects into production, definitive exploration programmes at the Papua project and acquiring near term production assets.
About PT Mega Coal
PT Mega Coal is a privately-held coal mining company with an extensive local network and mining experience in Indonesia. OEG has an existing strategic alliance with PT Mega Coal, notably including its joint ventures for ADK, B26/B34 and Papua. The strategic alliance with PT Mega Coal enables the opportunity for continued additional coal concessions in Indonesia.
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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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- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
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- Petron Corporation, Philippines
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- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Deloitte Consulting - India
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- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
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- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Australian Coal Association
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
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