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, 14 January 15
DRY BULK MARKET NOTED ANOTHER WEEKLY DECLINE - INTERMODAL
COALspot.com: The Dry bulk market noted another weekly decline on Friday, with the performance of the Capesize market still weighing down on the re ...


Wednesday, 14 January 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
In Oil we trust! The Barrel price has declined by almost a third in comparison to the 2014 January and has being on the downhill since early last s ...


Wednesday, 14 January 15
COMMODITIES AREN'T PRIMED FOR A REBOUND DURING 2015: SHIPPING COULD BENEFIT FROM LOWER PRICES - ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In the recent past, higher commodity prices were driven by an increase in demand from developing countries, which spelled good news for ship owners ...


Wednesday, 14 January 15
SUB-BIT FOB INDONESIA COAL SWAP FOR Q1 DELIVERY CLOSED AT US$ 46.97 PMT
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 declined month on month and week over week. The Q1 swap has fell US$ 1.53 (-3.15 ...


Wednesday, 14 January 15
Q4' 15 FOB NEWCASTLE COAL SWAP CLOSED 4.51% LOWER COMPARED TO Q1' 15 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.56 per MT (-3.0%) month over month and US$ 1.03 (-2.0%) week ove ...


   650 651 652 653 654   
Showing 3256 to 3260 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 ...

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