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Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources has approved the application by OEG’s fully owned subsidiary PT Orpheus Energy for an independent coal trading license, a press release from company said.
The coal trading license provides OEG with a new potential profit centre as it enables the company to not only sell its own coal but also production from other miners. Targeting power stations and trading groups from India, South China and Thailand, it is anticipated that OEG will ramp up its current trading volume of approx. 30,000t/month to several hundred thousand tonnes per month over the coming year.
Coal trading in Indonesia typically earns $1-$3 per tonne net margin for the coal trader.
Executive Chairman Wayne Mitchell said: “We have been working on securing our own coal trading license for some time and I am delighted that we are now able to add the next element to our overall Indonesian vertical integration strategy of coal exploration and production, coal trading and infrastructure. Trading our own and other miners’ coal provides Orpheus the flexibility and diversification to protect and enhance company earnings, particularly in a low coal price environment.”
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Friday, 31 August 12
ADVERSE SHIPPING MARKET CONDITIONS SHORTENS LIFE SPAN OF VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The adverse conditions which have been put in place in the world's freight markets, means that ship owners are forced to scrap vessels of a much yo ...
Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy
The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for tri ...
Thursday, 30 August 12
DRY BULK MARKET STILL LOOKING OUT FOR BETTER DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With things in China moving slowly this week, as a result of holidays, it’s no surprise that the latest positive trend in the dry bulk market ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART TWO - JOSEPH KIRSCHKE
One of the most prominent casualties of Canada's entry into the Colombian mining sector has been a priest named Jose Reynal-Restrepo. Last Septembe ...
Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...
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- Mjunction Services Limited - India
- Latin American Coal - Colombia
- VISA Power Limited - India
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- The University of Queensland
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
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