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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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Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...
Thursday, 26 April 12
TAIPOWER TO BUY 375,000 MT OF 4800 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 375,000 metric tons of low sulfur sub-bituminous coal for Taipower thermal power plant ...
Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta K ...
Thursday, 26 April 12
DRY BULK CARRIERS RENTER FLEET AFTER IDLING, ON MARKETS RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be back on track, not only solidifying the gains of the past couple of weeks, but also racing to new heights, recuperra ...
Thursday, 26 April 12
PANAMAXES AGAIN EARN MORE THAN CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of demand for Panamaxes has led the dry bulk market to new higher ground on Monday, with the Baltic Dry Index (BDI) reaching 1,090 ...
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- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
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- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
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- Sical Logistics Limited - India
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- Ministry of Finance - Indonesia
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- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
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- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Central Electricity Authority - India
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- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
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- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
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- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
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- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- The University of Queensland
- Tamil Nadu electricity Board
- Australian Coal Association
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
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- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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