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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, 26 April 11
NTPC CALLS TENDER FOR 4 MLN TON OF NON-COKING COAL
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, is the largest thermal power gener ...
Monday, 25 April 11
THE FUTURES FOR THREE YEARS WAS AT AROUND PANAMAX/US$ 14,000 PER DAY & SUPRAMAX/US$ 14,000 PER DAY - VISTAAR
COALspot.com - The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 points. ...
Saturday, 23 April 11
GUPTA COAL TO BAG ONE MILLION TONS OF COAL SUPPLY ORDER FROM KPCL AT AROUND US$ 127.53 PMT
COALspot.com - Karnataka Power Corporation (KPCL), a state utility of Karnataka, India has secured its one million tons of thermal coal with c ...
Saturday, 23 April 11
STRAITS ASIA SETS 11.5 MIO TONS OUTPUT - INSIDER STORIES
Insider Stories reported that, Singapore-listed Straits Asia Resources Limited plans to jack up its coal output target of 8.5% to 11.5 million tons ...
Friday, 22 April 11
DRY BULK MARKET KEEPS FALLING, NOW AT TWO-MONTH LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems unable at the moment to recover from the weight of newbuilding deliveries, resulting in too many ships competing for fewer ...
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- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
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