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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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Sunday, 22 July 12
NEW CHAIRMAN FOR AUSTRALIAN COAL ASSOCIATION
The Australian Coal Association (ACA) announced that Mr Ross Willims has been appointed as its new independent Chairman effective November 5 2012. M ...
Sunday, 22 July 12
CENTRAL KALIMANTAN COAL RAILWAY NETWORK WILL BE BUILT BY 2015 - THE BORNEO POST
The borneo post reported that, a declaration to build a coal railway network is signed today (12/07/2012) in front of the Indonesian Vice President ...
Sunday, 22 July 12
COAL PRICES IN MIXED TRENDS; STOCKS REMAIN HIGH AT BOTH ENDS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery fell 0.99 percent on last Friday closing (d-o-d) and 1.19 percent com ...
Sunday, 22 July 12
TATA POWER SIGNS A LONG TERM COAL SUPPLY AGREEMENT WITH PT ANTANG GUNUNG MERATUS, INDONESIA
COALspot.com - Tata Power, India’s largest integrated power utility, last Friday announced that it has signed a long term coal suppl ...
Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down.
The BDI was down by 6.58 pct closing at 1,037 points and the ...
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- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
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- Baramulti Group, Indonesia
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- The State Trading Corporation of India Ltd
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- India Bulls Power Limited - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Minerals Council of Australia
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- Electricity Authority, New Zealand
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- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
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- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
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- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- MS Steel International - UAE
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
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- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
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- Mercuria Energy - Indonesia
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- Georgia Ports Authority, United States
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- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
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