COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE


COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources has approved the application by OEG’s fully owned subsidiary PT Orpheus Energy for an independent coal trading license, a press release from company said.

The coal trading license provides OEG with a new potential profit centre as it enables the company to not only sell its own coal but also production from other miners. Targeting power stations and trading groups from India, South China and Thailand, it is anticipated that OEG will ramp up its current trading volume of approx. 30,000t/month to several hundred thousand tonnes per month over the coming year.

Coal trading in Indonesia typically earns $1-$3 per tonne net margin for the coal trader.

Executive Chairman Wayne Mitchell said: “We have been working on securing our own coal trading license for some time and I am delighted that we are now able to add the next element to our overall Indonesian vertical integration strategy of coal exploration and production, coal trading and infrastructure. Trading our own and other miners’ coal provides Orpheus the flexibility and diversification to protect and enhance company earnings, particularly in a low coal price environment.”



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 16 September 12
GLOBAL LOW DEMAND ; INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS DIP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.345 percent W-O-W on Friday, 14 September 2012, closing but gai ...


Sunday, 16 September 12
THE FREIGHT RATES FROM INDONESIA TO INDIA EXPECTED TO BE STEADY - VISTAAR
COALspot.com - The freight market was  mixed with most indices closing positive except for the Panamax index. The main sentiment seems to be ...


Saturday, 15 September 12
FINANCE MINISTRY OPPOSES TAX INCENTIVE PLAN FOR COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry has turned down the idea of providing a fiscal incentive to the country’s coal mining ind ...


Friday, 14 September 12
DRY BULK MARKET LOOKS TOWARDS CHINA FOR SOME POSITIVE NEWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market freight rates submerged underwater for a large part of the year, dry bulk owners are looking for some positive enhancement ...


Friday, 14 September 12
GOVT OFFERS CONDITIONAL TAX HOLIDAY TO AILING COAL MINERS - JP
The Jakarta Post, one of the leading English news paper in Indonesia reported that, acknowledging difficulties encountered by coal miners due to a p ...


   913 914 915 916 917   
Showing 4571 to 4575 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Globalindo Alam Lestari - Indonesia
  • World Coal - UK
  • Mintek Dendrill Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Geoservices-GeoAssay Lab
  • Cement Manufacturers Association - India
  • Kumho Petrochemical, South Korea
  • PTC India Limited - India
  • Indogreen Group - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Mercator Lines Limited - India
  • Coeclerici Indonesia
  • The India Cements Ltd
  • Electricity Authority, New Zealand
  • Lanco Infratech Ltd - India
  • IBC Asia (S) Pte Ltd
  • TANGEDCO India
  • Tanito Harum - Indonesia
  • globalCOAL - UK
  • Heidelberg Cement - Germany
  • Tata Power - India
  • Australian Coal Association
  • Energy Link Ltd, New Zealand
  • Orica Mining Services - Indonesia
  • Enel Italy
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Cargill India Pvt Ltd
  • Ministry of Finance - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Bharathi Cement Corporation - India
  • Romanian Commodities Exchange
  • OPG Power Generation Pvt Ltd - India
  • UOB Asia (HK) Ltd
  • Marubeni Corporation - India
  • Xindia Steels Limited - India
  • Thomson Reuters GRC
  • Britmindo - Indonesia
  • Sical Logistics Limited - India
  • Indorama - Singapore
  • Indian Energy Exchange, India
  • Chamber of Mines of South Africa
  • Indian Oil Corporation Limited
  • NTPC Limited - India
  • GVK Power & Infra Limited - India
  • Thailand Anthracite
  • Trasteel International SA, Italy
  • ANZ Bank - Australia
  • Siam City Cement - Thailand
  • UBS Singapore
  • TeaM Sual Corporation - Philippines
  • Kideco Jaya Agung - Indonesia
  • Simpson Spence & Young - Indonesia
  • Standard Chartered Bank - UAE
  • European Bulk Services B.V. - Netherlands
  • Inco-Indonesia
  • Ambuja Cements Ltd - India
  • Uttam Galva Steels Limited - India
  • Sarangani Energy Corporation, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Gresik Semen - Indonesia
  • JPMorgan - India
  • Freeport Indonesia
  • Dalmia Cement Bharat India
  • DBS Bank - Singapore
  • Intertek Mineral Services - Indonesia
  • Arch Coal - USA
  • Rudhra Energy - India
  • Thermax Limited - India
  • Maybank - Singapore
  • Jindal Steel & Power Ltd - India
  • GNFC Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Qatrana Cement - Jordan
  • Straits Asia Resources Limited - Singapore
  • Runge Indonesia
  • JPower - Japan
  • Agrawal Coal Company - India
  • Tata Chemicals Ltd - India
  • Karaikal Port Pvt Ltd - India
  • Binh Thuan Hamico - Vietnam
  • Kobexindo Tractors - Indoneisa
  • Global Green Power PLC Corporation, Philippines
  • Minerals Council of Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kapuas Tunggal Persada - Indonesia
  • Infraline Energy - India
  • IOL Indonesia
  • Parry Sugars Refinery, India
  • GAC Shipping (India) Pvt Ltd
  • Kobe Steel Ltd - Japan
  • Ceylon Electricity Board - Sri Lanka
  • GHCL Limited - India
  • Cebu Energy, Philippines
  • PLN Batubara - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Bank of China, Malaysia
  • Coal and Oil Company - UAE
  • Petrosea - Indonesia
  • Noble Europe Ltd - UK
  • Asian Development Bank
  • Videocon Industries ltd - India
  • ASAPP Information Group - India
  • U S Energy Resources
  • APGENCO India
  • Peabody Energy - USA
  • Chettinad Cement Corporation Ltd - India
  • Permata Bank - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Savvy Resources Ltd - HongKong
  • Xstrata Coal
  • Anglo American - United Kingdom
  • Economic Council, Georgia
  • Kaltim Prima Coal - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Africa Commodities Group - South Africa
  • Total Coal South Africa
  • Ministry of Transport, Egypt
  • Sakthi Sugars Limited - India
  • TGV SRAAC LIMITED, India
  • Adaro Indonesia
  • Malco - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Aboitiz Power Corporation - Philippines
  • Maheswari Brothers Coal Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Metalloyd Limited - United Kingdom
  • Neyveli Lignite Corporation Ltd, - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • KPCL - India
  • Antam Resourcindo - Indonesia
  • SASOL - South Africa
  • Deutsche Bank - India
  • CoalTek, United States
  • Deloitte Consulting - India
  • PowerSource Philippines DevCo
  • Energy Development Corp, Philippines
  • Price Waterhouse Coopers - Russia
  • Maersk Broker
  • Clarksons - UK
  • Japan Coal Energy Center
  • New Zealand Coal & Carbon
  • Central Java Power - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Global Coal Blending Company Limited - Australia
  • Humpuss - Indonesia
  • BRS Brokers - Singapore
  • SMG Consultants - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Borneo Indobara - Indonesia
  • Asia Cement - Taiwan
  • San Jose City I Power Corp, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • KOWEPO - South Korea
  • Thai Mozambique Logistica
  • Ind-Barath Power Infra Limited - India
  • The Treasury - Australian Government
  • Indika Energy - Indonesia
  • Renaissance Capital - South Africa
  • Jatenergy - Australia
  • Aditya Birla Group - India
  • Mitsubishi Corporation
  • Mechel - Russia
  • LBH Netherlands Bv - Netherlands
  • Directorate General of MIneral and Coal - Indonesia
  • Fearnleys - India
  • Interocean Group of Companies - India
  • Bayan Resources Tbk. - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • IHS Mccloskey Coal Group - USA
  • Pinang Coal Indonesia
  • CNBM International Corporation - China
  • Coal Orbis AG
  • Salva Resources Pvt Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • Berau Coal - Indonesia
  • Moodys - Singapore
  • CESC Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Semirara Mining Corp, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Goldman Sachs - Singapore
  • Larsen & Toubro Limited - India
  • Makarim & Taira - Indonesia
  • KPMG - USA
  • Indonesian Coal Mining Association
  • Meenaskhi Energy Private Limited - India
  • Medco Energi Mining Internasional
  • Georgia Ports Authority, United States
  • Cemex - Philippines
  • SGS (Thailand) Limited
  • Baramulti Group, Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Planning Commission, India
  • IMC Shipping - Singapore
  • MEC Coal - Indonesia
  • Mjunction Services Limited - India
  • Bhoruka Overseas - Indonesia
  • Independent Power Producers Association of India
  • Shenhua Group - China
  • Shree Cement - India
  • London Commodity Brokers - England
  • VISA Power Limited - India
  • Mercuria Energy - Indonesia
  • Surastha Cement
  • Formosa Plastics Group - Taiwan
  • Ministry of Mines - Canada
  • Thiess Contractors Indonesia
  • Vitol - Bahrain
  • Sindya Power Generating Company Private Ltd
  • Indo Tambangraya Megah - Indonesia
  • Malabar Cements Ltd - India
  • Indian School of Mines
  • Coalindo Energy - Indonesia
  • Riau Bara Harum - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Rio Tinto Coal - Australia
  • Altura Mining Limited, Indonesia
  • BNP Paribas - Singapore
  • Cosco
  • Barclays Capital - USA
  • The State Trading Corporation of India Ltd
  • CCIC - Indonesia
  • Wilmar Investment Holdings
  • MS Steel International - UAE
  • Sinarmas Energy and Mining - Indonesia
  • IEA Clean Coal Centre - UK
  • EIA - United States
  • SRK Consulting
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • J M Baxi & Co - India
  • Rashtriya Ispat Nigam Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Eastern Energy - Thailand
  • Therma Luzon, Inc, Philippines
  • Barasentosa Lestari - Indonesia
  • KEPCO - South Korea
  • White Energy Company Limited
  • Platts
  • Central Electricity Authority - India
  • Panama Canal Authority
  • Merrill Lynch Bank
  • RBS Sempra - UK
  • SMC Global Power, Philippines
  • Cardiff University - UK
  • Directorate Of Revenue Intelligence - India
  • TNPL - India
  • Bangladesh Power Developement Board
  • Inspectorate - India
  • Idemitsu - Japan
  • The University of Queensland
  • Meralco Power Generation, Philippines
  • GB Group - China
  • Sojitz Corporation - Japan
  • EMO - The Netherlands
  • Glencore India Pvt. Ltd
  • Iligan Light & Power Inc, Philippines
  • HSBC - Hong Kong
  • Tamil Nadu electricity Board
  • Posco Energy - South Korea
  • Merrill Lynch Commodities Europe
  • Bank of America
  • Mitsui
  • Maruti Cements - India
  • TRAFIGURA, South Korea
  • Orica Australia Pty. Ltd.
  • Argus Media - Singapore
  • Ernst & Young Pvt. Ltd.
  • Pendopo Energi Batubara - Indonesia
  • McConnell Dowell - Australia
  • Adani Power Ltd - India
  • SUEK AG - Indonesia
  • Star Paper Mills Limited - India
  • Petron Corporation, Philippines
  • Singapore Mercantile Exchange
  • Eastern Coal Council - USA
  • PLN - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • World Bank
  • Siam City Cement PLC, Thailand
  • Mitra SK Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • Kalimantan Lumbung Energi - Indonesia
  • India Bulls Power Limited - India
  • Samtan Co., Ltd - South Korea
  • Leighton Contractors Pty Ltd - Australia
  • Coastal Gujarat Power Limited - India
  • ETA - Dubai
  • Bukit Makmur.PT - Indonesia
  • Russian Coal LLC
  • Latin American Coal - Colombia
  • Global Business Power Corporation, Philippines
  • Commonwealth Bank - Australia
  • Thriveni
  • Jorong Barutama Greston.PT - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • GMR Energy Limited - India
  • Bhushan Steel Limited - India
  • CIMB Investment Bank - Malaysia
  • Power Finance Corporation Ltd., India
  • PNOC Exploration Corporation - Philippines
  • Vale Mozambique
  • Samsung - South Korea
  • Jaiprakash Power Ventures ltd
  • Maharashtra Electricity Regulatory Commission - India
  • South Luzon Thermal Energy Corporation
  • Coaltrans Conferences
  • Toyota Tsusho Corporation, Japan
  • Essar Steel Hazira Ltd - India
  • OCBC - Singapore
  • Sucofindo - Indonesia
  • McKinsey & Co - India
  • Madhucon Powers Ltd - India
  • Coal India Limited
  • Bukit Baiduri Energy - Indonesia
  • ING Bank NV - Singapore
  • bp singapore
  • WorleyParsons
  • Gupta Coal India Ltd
  • Alfred C Toepfer International GmbH - Germany
  • NALCO India
  • Reliance Power - India
  • Wood Mackenzie - Singapore
  • Indonesia Power. PT
  • Lafarge - France
  • Ince & co LLP
  • Banpu Public Company Limited - Thailand
  • Credit Suisse - India
  • PetroVietnam
  • International Coal Ventures Pvt Ltd - India
  • Electricity Generating Authority of Thailand
  • Core Mineral Indonesia
  • Platou - Singapore
  • Bulk Trading Sa - Switzerland
  • Edison Trading Spa - Italy
  • Vizag Seaport Private Limited - India
  • Bangkok Bank PCL
  • Parliament of New Zealand
  • Manunggal Multi Energi - Indonesia
  • Oldendorff Carriers - Singapore
  • Cigading International Bulk Terminal - Indonesia
  • Vedanta Resources Plc - India
  • ICICI Bank Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Arutmin Indonesia
  • Bhatia International Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Carbofer General Trading SA - India
  • ACC Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Attock Cement Pakistan Limited
  • Grasim Industreis Ltd - India
  • Australian Commodity Traders Exchange
  • Port Waratah Coal Services - Australia