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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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Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...
Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...
Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
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Showing 5426 to 5430 news of total 6871 |
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- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Planning Commission, India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
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