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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, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons.  ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
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- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
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- The University of Queensland
- Goldman Sachs - Singapore
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- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Planning Commission, India
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- Coal and Oil Company - UAE
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- Sinarmas Energy and Mining - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
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- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
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- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
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- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
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- Cement Manufacturers Association - India
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- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- MS Steel International - UAE
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- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
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- Binh Thuan Hamico - Vietnam
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bhatia International Limited - India
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- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
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- Sarangani Energy Corporation, Philippines
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- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
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- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
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