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, 25 November 14
SUB-BIT FOB INDONESIA COAL SWAP FOR Q2' 15 DELIVERY CLOSED AT $ 49.55
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week. The Q1 swap has lost US$ 0.12 (-0.24%) ...


Monday, 24 November 14
CHOPPY WATERS IN DRY BULK - SGX
COALspot.com: Dry bulk freight rates have experienced a sharp rise in volatility in recent weeks as bulk commodity supply has ramped up, said SGX i ...


Monday, 24 November 14
Q1 2015 FOB NEWCASTLE COAL SWAP CLOSED AT $ 52.73
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.73 on 21 November after losing US$ 0.40 (-0.75%) month ove ...


Monday, 24 November 14
CFR SOUTH CHINA COAL: Q2' 15 COAL SWAPS CLOSED LOWER COMPARED TO Q1' 15 SWAPS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 0.63 (-0.99%) month over month and US$ 0.12 (-0.19%) da ...


Sunday, 23 November 14
SPOT FREIGHT RATES IMPROVED SLIGHTLY OVER PREVIOUS WEEK
COALspot.com: The BDI was up 5.41 pct week on week and closed at 1,324 points on Friday. All the segments were up this week except Panamax index.&n ...


   669 670 671 672 673   
Showing 3351 to 3355 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 ...

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