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, 21 January 15
PANAMAX MARKET MOVED SIDEWAYS OVERALL LAST WEEK - INTERMODAL
COALspot.com: The positive sentiment in which the week prior ended carried on through-out last week as well, the end of which marked the first posi ...


Wednesday, 21 January 15
SHIFT IN INTERNATIONAL COAL TRADE TO THE PACIFIC BASIN WILL CONTINUE - IMF
COALspot.com: The shift in international coal trade to the Pacific Basin will continue, IMF said in its latest Medium-Term Coal Market Report. ...


Wednesday, 21 January 15
MARKET INSIGHT - VASSILIS LOGOTHETIS, INTERMODAL
The World Bank has lowered its forecast for global growth in 2015 to 3% down from its previous level of 3.4% amid rising concerns over the economic ...


Wednesday, 21 January 15
THERMAL COAL PRICE OUTLOOK DEPENDENT ON INDIAN IMPORT DEMAND - MATTHEW BOYLE, CRU
COALspot.com: Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal a ...


Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billi ...


   647 648 649 650 651   
Showing 3241 to 3245 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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