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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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Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
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- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
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- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Economic Council, Georgia
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