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, 21 September 15
KOMIPO OF KOREA INVITES BIDS FOR BITUMINOUS COAL
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 390,000 Metric Tons (MT) of minimum 4,600 kcal ...


Sunday, 20 September 15
BALTIC CAPE INDEX ROSE 66.52 PER CENT AND STAND NOW AT 1995 POINTS
COALspot.com: The BDI (Baltic Dry Index) rose 17.35 per cent week over week to 960 points on Friday mainly driven by the Capesize segment. The Cape ...


Friday, 18 September 15
SHIPPING AND THE FED RATE DECISION: FINANCING COSTS COULD RISE EVEN HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Regardless of the FED’s decision to raise rates, shipping stands to be influenced by the decision. Shipbroker Allied Shipbroking noted this w ...


Friday, 18 September 15
U.S. COAL PRODUCTION DECLINED 6.7 PER CENT W-W: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.4 million shor ...


Thursday, 17 September 15
COALSPOT HAS LAUNCHED NEW THERMAL COAL INDICES FOR INDONESIAN COAL
COALspot.com has today launched real-time CS (i) Coal Indices. The Indices represents 3800 kcal/kg GAR, 4200 kcal/kg GAR, 5000 kcal/kg GAR a ...


   560 561 562 563 564   
Showing 2806 to 2810 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 ...

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