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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 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...
Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...
Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...
Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...
Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...
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- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Economic Council, Georgia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- The University of Queensland
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
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