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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, 12 June 13
INDONESIAN COAL PRICE REFERENCE SLIDES TO 2013 LOW
COALspot.com - Indonesian Coal Price Reference continues to take its lumps this month, dropping about 0.54 % and hitting a 2013 low. The Indonesian ...
Tuesday, 11 June 13
COAL: NO SIGN OF RECOVERY - GABRIELLA
COALspot.com: We attended the 19th Annual Coaltrans Asia Conference, where we found most of the speakers were not very optimistic on the outlook for ...
Tuesday, 11 June 13
NEWCASTLE PORT SHIPPED MORE COAL WEEK ENDED 11 JUNE 2013
COALspot.com - Newcastle port in Australia has loaded 3,104,509 tons of coal for the week ended 0700 hours 11 June 2013, Newcastle Port Corp. ...
Tuesday, 11 June 13
OUTLOOK FOR CAPESIZES LOOKS GRIM, DESPITE FALLING IRON ORE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Things aren't looking all that rosy for the dry bulk market, despite a stronger volume of iron ore imports during the months of March and April, as ...
Sunday, 09 June 13
CFR SOUTH CHINA COAL SWAP IS UNDER PRESSURE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost 0.03 percent week on week but gained 0.07 pe ...
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- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Australian Coal Association
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
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