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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, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
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- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- The University of Queensland
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
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