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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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Friday, 16 November 12
HANDY : IRON ORE WAS QUIET AND RATES FROM INDIA TO CHINA AROUND USD 5500
Handy
The Atlantic was weak with more supply of ships. Rates from Continent/ Feast at USD 9000 and from USG/China at USD 15k. The Pacific market re ...
Wednesday, 14 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 11.14 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,100,686 MT of thermal and coking coal for week ended – 0700 hours 12 November 2012, Ne ...
Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration fore ...
Tuesday, 13 November 12
BULK PORTS & TECHNOLOGY ASIA 2013
Press Release - TOC Events are pleased to announce a new addition to our global portfolio with the launch of the inaugural Bulk Ports & Technolo ...
Monday, 12 November 12
THE ESTABLISHMENT OF NORTH KALIMANTAN AS A NEW PROVINCE WILL NOT AFFECT THE LOCAL MINING COMPANIES
The government of Indonesia has ensured that the establishment of North Kalimantan as a new province will not affect the local mining companies ...
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- Mjunction Services Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Wilmar Investment Holdings
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- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
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