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

Friday, 24 April 15
CHINA IRON ORE MINE CLOSURES TO SLOW ON GOVERNMENT SUPPORT - FITCH
Fitch Ratings expects fewer Chinese iron ore mine closures in 2015 as the government takes steps to support the industry, which has been struggling ...


Friday, 24 April 15
IS INDIA THE 'NEW CHINA' WHEN IT COMES TO THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been feeling the “heat” of China’s slowdown and together with the industry’s own failings, with ove ...


Friday, 24 April 15
GLOBAL STEEL PRODUCTION OUTSIDE OF CHINA CONTINUES TO FARE VERY POORLY - JEFFREY LANDSBERG
COALspot.com: Data released this week showed that global crude steel production totaled approximately 138.05 million tons in March.   Wha ...


Friday, 24 April 15
WEEKLY U.S. COAL PRODUCTION ESTIMATE FALLS 5.7% FROM LAST WEEK
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.0 million short ...


Wednesday, 22 April 15
PANAMAX : ATLANTIC HOLDING ON TO THE GAINS OF THE PREVIOUS WEEK; PACIFIC BUSINESS SLID QUIETLY
COALspot.com: The Dry Bulk market managed to close off the week on a positive note last Friday, while as opposed to what we have been used to, it w ...


   610 611 612 613 614   
Showing 3056 to 3060 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 ...

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