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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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Wednesday, 14 March 12
GLOBAL THERMAL TRADE FLOW CHANGES WILL ENSURE SECURITY OF THERMAL COAL SUPPLY, ALBEIT AT A HIGH PRICE - WOOD MACKENZIE
Wood Mackenzie Says Global Thermal Trade Flow Changes Will Ensure Security of Thermal Coal Supply, Albeit At a High Price Seaborne thermal demand by ...
Wednesday, 14 March 12
COKAL TAKES ANOTHER STEP IN DEVELOPING INFRASTRUCTURE TO FACILITATE METALLURGICAL COAL PRODUCTION
Global coal group, Cokal Limited (ASX-CKA), has signed Memorandums of Understanding (MoU’s) to develop two river ports and two small scale coa ...
Tuesday, 13 March 12
CLARIFICATION OF GR 24 OF 2012 REQUIRING DIVESTMENT OF FOREIGN OWNERSHIP OVER TIME
ASX Announcement
Global metallurgical coal group, Cokal Limited (ASX-CKA), is responding to the recent announcement of the Indonesian Ministry of ...
Tuesday, 13 March 12
EUROPEAN COAL CONTANGO: FURTHER STEEPNESS REQUIRED TO MAKE LARGE SCALE PHYSICAL TIME SPREAD ARBITRAGE MORE ATTRACTIVE - MISWIN MAHESH, BARCLAYS CAPITAL
COALspot.com - "With the contango between the Y+1 and M+1 ARA delivered contract now averaging above the $14/t level, there is an increasing in ...
Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...
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- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- The University of Queensland
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- The Treasury - Australian Government
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- ICICI Bank Limited - India
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