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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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Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
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- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- VISA Power Limited - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
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