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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, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie
At Coa ...
Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...
Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...
Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...
Sunday, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...
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- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
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- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
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