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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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Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...
Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...
Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said.
Due to Ram ...
Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat
COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...
Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
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- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Planning Commission, India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
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