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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, 14 May 13
KALIMANTAN COAL
Press Release : After a very successful conference in 2012, the second annual event will address latest market developments and address the future p ...
Tuesday, 14 May 13
NEWCASTLE PORT'S COAL EXPORTS FALL 6.83 PERCENT
COALspot.com - Newcastle port in Australia has loaded 2,771,891 tons of thermal and coking coal for week ended 0700 hours 13 May 2013, Newcast ...
Monday, 13 May 13
SGX ASIACLEAR OTC COAL SWAPS : RELATIVELY STABLE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.15 percent and API 8 CFR South China Coal shipment&nb ...
Saturday, 11 May 13
INDONESIA TO INDIA COAL FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK
COALspot.com - This week the market remained flat compared to last week. BDI slightly up 0.68 pct and closed at 884 points and the cape size index u ...
Friday, 10 May 13
U.S. PRODUCED TOTALED APPROXIMATELY 18.5 MMST OF COAL W/E 4 MAY 2013
COALspot.com - U.S. produced totaled approximately 18.5 million short tons (mmst) of coal in a week (For the week ended 4 May, 2013), EIA said in it ...
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- Economic Council, Georgia
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- Commonwealth Bank - Australia
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- Indian Energy Exchange, India
- Indogreen Group - Indonesia
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- CNBM International Corporation - China
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- MS Steel International - UAE
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- Australian Commodity Traders Exchange
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- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
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- Ministry of Finance - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Energy Link Ltd, New Zealand
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- Coal and Oil Company - UAE
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- Orica Australia Pty. Ltd.
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- Global Business Power Corporation, Philippines
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- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
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- Pipit Mutiara Jaya. PT, Indonesia
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- Chamber of Mines of South Africa
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- Independent Power Producers Association of India
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- Maharashtra Electricity Regulatory Commission - India
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- Indonesian Coal Mining Association
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
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- Interocean Group of Companies - India
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- Directorate General of MIneral and Coal - Indonesia
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- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- The University of Queensland
- Planning Commission, India
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
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- Siam City Cement PLC, Thailand
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- Wood Mackenzie - Singapore
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- Thiess Contractors Indonesia
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- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- White Energy Company Limited
- Romanian Commodities Exchange
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- Indian Oil Corporation Limited
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- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
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- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
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- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
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