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
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.



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

Recent News

Monday, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...


Monday, 25 July 16
THE BDI FELL ON WEAKER RATES FOR CAPESIZE & PANAMAX VESSELS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Cape and Panamax segments ending in neg ...


Friday, 22 July 16
U.S COAL OUTPUT ROSE 17.2% WEEK OVER WEEK - EIA
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 15.1 million short tons (mms ...


Thursday, 21 July 16
WHAT TO DO WHEN YOU DON'T GET PAID - SHIPOWNERS CLUB
Present market conditions have led to an increase in claims related to unpaid hire. To recover unpaid hire, Owners need to fully understand who the ...


Thursday, 21 July 16
CONSTRUCTIVE TOTAL LOSS: WHAT GOES IN TO CALCULATING QUANTUM? - HILL DICKINSON
KNOWLEDGE TO ELEVATE The Commercial Court recently delivered its judgment in an important case (Connect Shipping Inc and Machrimar Management ...


   469 470 471 472 473   
Showing 2351 to 2355 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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