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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, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference
2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique
http://www.immevents.com/mo ...
Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...
Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...
Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...
Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...
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- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
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- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
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- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
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- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
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- Mjunction Services Limited - India
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- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
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- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
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- Chamber of Mines of South Africa
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- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
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- Australian Coal Association
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- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Economic Council, Georgia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
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- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
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