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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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Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
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Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
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Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
Wednesday, 26 October 11
PWCS GLOBAL SHIPPING BENCHMARKING ANALYSIS: RECOVERY IN 2010 BUT GREAT UNCERTAINLY FOR 2011
The recovery of global trade in 2010 to the same levels as 2008 led to an improvement in the overall performance of shipping companies in 2010 compa ...
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- Pipit Mutiara Jaya. PT, Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
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- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
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- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
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- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Australian Coal Association
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
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- Semirara Mining Corp, Philippines
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- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
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- Independent Power Producers Association of India
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- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
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- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
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