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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, 20 April 12
BUMA HAS PRODUCED 2.6 MILLION TONS OF COAL IN MARCH 2012
COALspot.com - BUMA has removed 28.0 million bcm (+6.4% YoY) of overburden in March 2012 while coal production was at 2.6 million tons (+1.3% YoY).
...
Thursday, 19 April 12
FRESH COAL SALES FROM JATENERGYS JONGKANG MINES
COALspot.com - Energy company Jatenergy Ltd (ASX code JAT) announced today that it had signed a contract for an 11,000 tonne coal sale due for shipm ...
Thursday, 19 April 12
HANDY - 'POSITIVE TREND', PANAMAX - 'A FIRMER TENDENCY', CAPESIZE - 'AGAIN NEGATIVE'
Handy
The positive trend from last week continued, with more cargoes entering the market. Skaw/Passero del fixed tick above USD 4000 for US Gulf di ...
Thursday, 19 April 12
WILLIS MARINE MARKET REVIEW FORECASTS ANOTHER DIFFICULT YEAR - WILLIS GLOBAL MARINE / HELLENIC SHIPPING
After an inauspicious start, 2012 could well be "another difficult and uncertain year for the maritime industry faced with the aftermath of the ...
Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quot ...
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- Rashtriya Ispat Nigam Limited - India
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- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- MS Steel International - UAE
- White Energy Company Limited
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- VISA Power Limited - India
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
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