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

Monday, 25 August 14
API 8 CFR SOUTH CHINA COAL SWAP GAINED DAY OVER DAY AND MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in September 2014 increased US$ 0.30 (+0.44%)  day on day and decreased US$ 0.20 (- ...


Sunday, 24 August 14
SEA FREIGHT MARKETS STARTING TO LOOK POSITIVE; CAPES DRIVE FREIGHTS HIGHER
COALspot.com: The freight market has strengthen further this week with BDI up 7.19 pct week on week. The BDI was closed at 1,088 points while the B ...


Friday, 22 August 14
INDIAN IRON ORE ROYALTY RISE NOT LIKELY TO HURT STEELMAKERS' MARGINS - FITCH
Fitch Ratings does not expect an increase in India's iron ore royalty rates to have a major impact on the profitability of steel producers in t ...


Friday, 22 August 14
ARBITRATION CLAUSE IN LOU HELD TO REPLACE CHARTERPARTY ARBITRATION CLAUSE
KNOWLEDGE TO ELEVATE The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was th ...


Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successful ...


   705 706 707 708 709   
Showing 3531 to 3535 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 ...

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