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, 09 June 15
FOB RICHARDS BAY COAL SWAPS DECLINED M-O-M, W-O-W
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week. The Q3 swap was fell US$ ...


Monday, 08 June 15
SHIPPING FLEET GROWTH HAS STARTED TO SLOW DOWN, AS NEWBUILDINGS AMOUNT TO JUST 329 SHIPS OF ALL TYPES SINCE THE START OF 2015 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Challenging market conditions have led to the inevitable reconsideration of ship owners’ priorities. Uncertainty has been the norm over the p ...


Monday, 08 June 15
API 5 FOB NEWCASTLE COAL SWAPS ADVANCED M-O-M AND W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery increased US$ 0.65 per MT (1.44%) month over month to US$ 45.65 per mt. The ...


Monday, 08 June 15
Q3'15 CFR SOUTH CHINA COAL SWAP ADVANCED 3.51% TO $52.48 PMT THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 1.78 (3.51%) per MT month over month. A commodity swap is a ...


Sunday, 07 June 15
PANAMAX INDEX ROSE OVER 13% THIS WEEK
COALspot.com: The freight market was up on all segments this past week. The BDI was advanced 3.56% and closed at 610 points. The Cape Index was cli ...


   596 597 598 599 600   
Showing 2986 to 2990 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 ...

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