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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, 24 December 11
CHINAS LEVEL OF GROWTH TO DETERMINE COURSE OF DRY BULK MARKET IN 2012 SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest report, shipbroker Intermodal attempted to find a silver lining in the tough year that was 2011, as well as what one could expect from ...
Friday, 23 December 11
SPOT PACIFIC CAPESIZE VESSELS HAVE COMMANDED HIGH PREMIUMS - FEARNLEYS
Handy
Rates in the Atlantic kept stable from last week, with a touch of negativity closer to the end. Less spot cargoes seen, and owners are ...
Friday, 23 December 11
CONTENTIOUS ISSUES IN CONTRACT RENEGOTIATION - THE JAKARTA POST
The government has been renegotiating mining contracts, especially those 30-40 years old, with almost all mining companies, including PT Freeport In ...
Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT
COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power p ...
Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, gl ...
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- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
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