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, 28 January 15
CAPES CONTINUED THEIR UPWARD MOVEMENT LAST WEEK - INTERMODAL
COALspot.com: The Dry Bulk market displayed a mirror performance of that of the week prior, with the Capesize market correcting further upwards and ...


Tuesday, 27 January 15
Q1 FOB INDONESIA COAL SWAP CLOSED AT $ 47.87 FOR WEEK ENDING JAN. 23
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 gain week over week and declined month on month. The Q1 swap has decline US$ 0.9 ...


Tuesday, 27 January 15
Q2 FOB NEWCASTLE COAL SWAP UP 4.5% W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery declined US$ 0.28 per MT (-0.54%) month over month and increased US$ 1.23 ( ...


Monday, 26 January 15
OVERSUPPLY, AMPLE STOCKPILES, AND LACKLUSTER UNDERLYING STEEL DEMAND KEPT COKING COAL PRICES LOW IN 2014
COALspot.com: Coking coal prices (FOB & CFR) fell 15% and 18% respectively during the year, amidst persistent oversupply, ample inventory and s ...


Monday, 26 January 15
FOB RICHARDS BAY Q2 COAL SWAP CLOSED LOWER THAN Q1 CLOSING
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 declined  month over month and day on day. The Q1 swap has fell ...


   645 646 647 648 649   
Showing 3231 to 3235 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 ...

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