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, 19 November 14
SHIPPING MARKET INSIGHT - BY KATERINA RESTIS
The current Ebola outbreak in West Africa has been declared as a worldwide health emergency by the World Health Organization and has had a great im ...


Tuesday, 18 November 14
VALEMAX DEAL TO DETERMINE DRY BULK MARKET'S FATE - DREWRY MARITIME RESEARCH
Vale’s accord to sell and lease four Valemax vessels to COSCO might have negative repercussions on dry bulk freight rates. Vale has committed ...


Tuesday, 18 November 14
SUB-BIT FOB INDONESIA COAL SWAP DELIVERY Q2' 2015 CLOSED AT $ 49.55; DOWN 4.10% M-O-M
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week and day on day. The Q1 swap has lost US ...


Tuesday, 18 November 14
FOB RICHARDS BAY COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT $ 66.31; UP 1.33% W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for Q1’ 2015 delivery has gained US$ 0.27 (+0.41%) month over month and US$ 0.87 (+1.33%) week ...


Tuesday, 18 November 14
CHEAP OIL PRICES COULD RESHAPE GLOBAL OIL EXPORTING MAP - HELLENIC SHIPPING
Tanker owners have enjoyed a rather healthy 2014, but as the year draws to a close, the fall of oil prices is bound to reshape traditional, as well ...


   672 673 674 675 676   
Showing 3366 to 3370 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 ...

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