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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, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In May 2010 the BDI touched ...
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- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Planning Commission, India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
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