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

Wednesday, 09 September 15
FOB INDONESIA COAL SWAP LOSE GROUND ON SLOWING DEMAND
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week. The 4Q swap declined $ 1.92 (-4.52%) per t ...


Tuesday, 08 September 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO SHOW DECLINING TREND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month. The 4Q swap was down US$ ...


Tuesday, 08 September 15
GANGAVARAM PORT IN INDIA DISCHARGES RECORD 112,599 MT OF STEAM COAL IN 24 HOURS
COALspot.com: Gangavaram Port, an all weather, multipurpose port with water depth up-to 21 meters, capable of handling fully laden Super Cap ...


Monday, 07 September 15
THE MINE OF THE FUTURE WILL HAVE ONLY TWO EMPLOYEES, A MAN AND A DOG - SCOTT MCGOWAN
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Scott Mcgowan, Director, Global ...


Monday, 07 September 15
FOB NEWCASTLE COAL SWAP FOR Q2' 16 DELIVERY CLOSED US CENTS 25 LOWER COMPARED TO Q4' 15
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery declined $0.73 per MT (-1.68%) month over month to US$ 42.65 per mt. The sw ...


   564 565 566 567 568   
Showing 2826 to 2830 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 ...

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