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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, 13 August 13
AUSTRALIA NEWCASTLE COAL EXPORTS JUMP 30.61 PERCENT ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 30.61 per cent week on week to 2.95 million mt for ...
Monday, 12 August 13
GBCE SUCCESSFUL IN UPGRADING LOW RANK INDONESIAN COAL ON INDUSTRIAL SCALE
COALspot.com : GB Clean Energy Ltd. (GBCE) has annoused that, the company has successfully upgraded 2,426 tonnes of low rank 4,018 kcal NAR Ind ...
Monday, 12 August 13
INDIA - SAFE SHIPMENT OF IRON ORE FINES FROM INDIAN PORTS - WEST OF ENGLAND P&I CLUB
As Members may be aware, in 2009 two ships, the ‘Asian Forest’ and the ‘Black Rose’, capsized and sank following the liquefa ...
Sunday, 11 August 13
INDONESIAN COAL SWAPS : FLAT ON DAY
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery flat on day due to holidays in Indonesia, Malaysia & ...
Sunday, 11 August 13
SUPRAMAX FREIGHT RATES FROM INDONESIA TO INDIA CONTINUED TO BE SOFT - VISTAAR
COALspot.com : The freight market was soft this week with all indices down , the reason could be long weekend holidays in Indonesia, Singapore and M ...
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- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- The University of Queensland
- Planning Commission, India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- White Energy Company Limited
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- PTC India Limited - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
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