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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, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...
Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...
Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...
Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...
Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...
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- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Planning Commission, India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
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