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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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Thursday, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...
Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy
Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...
Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...
Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
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- Tamil Nadu electricity Board
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- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
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- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
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- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
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- Globalindo Alam Lestari - Indonesia
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- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
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- Ministry of Finance - Indonesia
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- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
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- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
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- Eastern Energy - Thailand
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- Tata Chemicals Ltd - India
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- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- White Energy Company Limited
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- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
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- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
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- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
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- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
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