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

Tuesday, 15 March 16
PORT OF NEWCASTLE SHIPPED 12.78 MMT OF COAL IN FEBRUARY 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped AU$1,110.5 mi ...


Tuesday, 15 March 16
ADARO ENERGY LOWERED ITS COAL CASH COST BY 16% TO US$ 27.98 PER TONE IN 2015
Difficult Coal Market Condition Persists in 2015, Adaro Lowers Costs,  Reduces Capital Spending and Maintains Solid Liquidity. PT Adaro E ...


Monday, 14 March 16
THE CS 50 INDEX ROSE $0.16 OR, 0.41% TO $38.82 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.41 percent week over week to averaging $38.82 per ton on this past Friday, ac ...


Monday, 14 March 16
THE BALTIC EXCHANGE CONTINUED TO ROSE THIS PAST WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rise this week helped by higher rates for pa ...


Saturday, 12 March 16
PLN, COAL COMPANIES IN TALKS ABOUT PRICES - THE JAKARTA POST
Following a study that predicted that Indonesia would struggle to provide coal for its power stations in the near future, the government will facil ...


   503 504 505 506 507   
Showing 2521 to 2525 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 ...

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