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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, 18 September 13
DRY BULK MARKET CONTINUED TO ADVANCE - INTERMODAL
Chartering (Wet: Stable- / Dry: Firm+ )
The Dry Bulk market continued to advance at a very fast pace, with the BDI closing off the week north ...
Tuesday, 17 September 13
BUMA PRODUCED 3.57 PERCENT MORE COAL IN AUGUST
COALspot.com: BUMA has removed totaled 25.20 million bcm of overburden to produce 2.90 million tons coal in August 2013. BUMI produced 3.07 percent ...
Tuesday, 17 September 13
NEWCASTLE PORT SHIPPED ABOUT 27 PERCENT MORE COAL WEEK ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 27.26 per cent week on week to 3.01 million mt for ...
Tuesday, 17 September 13
TAIPOWER INVITES BIDS FOR SUPPLY OF SUB-BITUMINOUS COAL
COALspot.com - Taiwan Power Company intends to procure 1.050 million tons of sub-bituminous coal for Taipower thermal power plant through open tende ...
Tuesday, 17 September 13
ORPHEUS SECURES SIGNIFICANT INFRASTRUCTURE DEAL THROUGH ACQUISITION OF SOUTH KALIMANTAN PORT CAPACITY
COALspot.com : Orpheus Energy Limited (ASX: OEG) of Australia has today announced that, it has executed a binding agreement with the proprietor of S ...
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- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
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