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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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Monday, 28 January 13
BAYAN RESOURCES TO SELL 18 MILLION TONS OF COAL TO GNPOWER MARIVELES COAL PLANT
Publicly-listed PT Bayan Resources announced on Friday that it had signed an agreement on coal sales with Philippine-based GNPower Mariveles Coal Pl ...
Sunday, 27 January 13
CFR SOUTH CHINA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has gained 0.31 percent and CFR South China coal shipment&nbs ...
Sunday, 27 January 13
FREIGHT MARKET: FLAT TO SOFT - VISTAAR
COALspot.com - The freight market was soft and all the indices were down except for handy size.
The BDI was down 4.66 pct closing at 798 points.. ...
Friday, 25 January 13
BOTSWANA GOVERNMENT GRANTS COAL LICENSES TO A-CAP RESOURCES LIMITED
A-Cap Resources Limited has announced that it has been granted coal rights within its Bolau tenements which sit next to the Sese Coal and Power Proj ...
Friday, 25 January 13
SMALL ROOM FOR OPTIMISM FOR THE PROSPECTS OF THE DRY BULK MARKET AS NET FLEET GROWTH IS SLOWING DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market didn't manage to post a rebound during the past year, quite the opposite, as a fast fleet growth and slow ...
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- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- ASAPP Information Group - India
- CNBM International Corporation - China
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Planning Commission, India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
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