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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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Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
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- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- The Treasury - Australian Government
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