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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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Saturday, 18 August 12
BULK FREIGHT MARKETS CONTINUED THEIR DECLINE IN LINE WITH WEAK DEMAND - VISTAAR
COALspot.com - This week also the indices fell on all segments with BDI touching lowest in almost 3 years.
The BDI closed at 714 points down by 7 ...
Thursday, 16 August 12
PUBLIC PRIVATE PARTNERSHIPS CONFERENCE 2012
Press Release - Asia’s Premier Public Private Partnerships Conference 2012 will showcase commercial opportunities for investors and developers ...
Wednesday, 15 August 12
UT GENERATED RP 3.09 TRILLION NET INCOME
COALspot.com - As of June 2012 Indonesia’s heavy equipment market grew 14%, from 8,448 units to 9,618 units (based on UT’s internal mark ...
Tuesday, 14 August 12
SAKARI ENTERED INTO JV IN CAMBODIA TO EXPLORE COAL OPPORTUNITIES
COALspot.com - Sakari joints hands with The Royal Group of Companies in Cambodia to explore and develop coal opportunities throughout the country.
...
Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, ...
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- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- The University of Queensland
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Bhushan Steel Limited - India
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