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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, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended 0700 hours 3 June 2013, Newcastle Port Corp. said ...
Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...
Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.18 percent week on week and 0.03 percent ...
Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013.
The Cape ...
Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...
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- Timah Investasi Mineral - Indoneisa
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- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
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- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
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- White Energy Company Limited
- Ambuja Cements Ltd - India
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- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
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- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
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- Thai Mozambique Logistica
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- Indian Oil Corporation Limited
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- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
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- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
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- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
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- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
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- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
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- Economic Council, Georgia
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- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
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- Siam City Cement - Thailand
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- Directorate General of MIneral and Coal - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
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- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
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- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Bhatia International Limited - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
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- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
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- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
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- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
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- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
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