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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, 23 April 13
INDONESIAN STATE OWNED COAL MINER SHIPPED 4 PERCENT MORE COAL IN 1Q
COALspot.com - PT. Bukit Asam, the Indonesian state owned coal miner shipped more coal in first quarter of this year compared to the same period in ...
Tuesday, 23 April 13
REALM CONTINUES AS 51% OWNER AND MANAGER OF THE KATINGAN RIA THERMAL COAL PROJECT
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced today that, the commercial way forward for the development of its 51% held Indonesian t ...
Tuesday, 23 April 13
TIGERS REALM COAL HAS SOME OF THE WORLD'S BEST UNDEVELOPED COKING COAL ASSETS - EXECUTIVE CHAIRMAN
COALspot.com - “ During 2012, your Company has made very significant progress towards meeting its stated objective of becoming a global player ...
Tuesday, 23 April 13
AUSTRALIA'S NEWCASTLE PORT COAL SHIPMENTS DROPPED BY 4.38 PERCENT W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,434,336 tons of thermal and coking coal for week ended 0700 hours 22 April 2013, Newca ...
Sunday, 21 April 13
INDONESIA - INDIA COAL FREIGHT RATES ARE FIRMING UP - CAPT. REDDY
COALspot.com – The BDI was up by 1.40 pct closed at 888 points week ended 19 April 2013. The Cape index was down by 2.45 pct closing at 1234 p ...
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- Maheswari Brothers Coal Limited - India
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- SMC Global Power, Philippines
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- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
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- Bhoruka Overseas - Indonesia
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- Binh Thuan Hamico - Vietnam
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- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Economic Council, Georgia
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- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
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- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
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- Georgia Ports Authority, United States
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- Orica Australia Pty. Ltd.
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- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
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- Interocean Group of Companies - India
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- PTC India Limited - India
- Planning Commission, India
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- AsiaOL BioFuels Corp., Philippines
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- Global Green Power PLC Corporation, Philippines
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- Ministry of Mines - Canada
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- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
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- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Indonesian Coal Mining Association
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- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
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