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

Thursday, 15 October 15
INDONESIA COAL PRICE REFERENCE FALLS FOR SEVEN STRAIGHT MONTH IN OCTOBER
COALspot.com - The Director General of Mineral and Coal of Indonesia once a again revised down Indonesian coal benchmark price this month. The ...


Thursday, 15 October 15
Q1' 16 FOB RICHARDS BAY COAL SWAP ADVANCED 2 PER CENT WEEK OVER WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gain week over week and declined month over month. The Q4 swap was dow ...


Tuesday, 13 October 15
DRY BULK SHIPPING FLEET NET EXPANSION WAS 1.3% DURING THIRD QUARTER, BUT ORDERBOOK REDUCED TO 17% OF THE TRADING FLEET
If the dry bulk market is to rebound on a sustainable level, it needs to limit the tonnage expansion, at least until demand picks up again, as Chin ...


Tuesday, 13 October 15
FOB NEWCASTLE COAL SWAP DECLINED 2 PER CENT MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $0.46 per ton (1.08%) month over month to US$ 42.17 per ton. The ...


Monday, 12 October 15
CFR SOUTH CHINA COAL SWAPS GAIN W-W; SLIGHTLY DOWN M-M
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 3 (0.06 %) per ton month over month. A commodity ...


   553 554 555 556 557   
Showing 2771 to 2775 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 ...

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