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

Thursday, 14 August 14
INDIA'S PLAN TO START AN INFRASTRUCTURE BOOM AND TO INVEST US$ 1 TRILLION BY 2017 WILL SURELY AFFECT THE DRY BULK TRADE - FEARNLEYS
Handy The Atlantic Supra market has continued its improving sentiment with rates climbing and TA´s are now up about US$ 900 w-o-w, said Fea ...


Wednesday, 13 August 14
WEEKLY MARKET INSIGHT - KONSTANTINOS KONTOMICHIS SNP BROKER
Being at the peak of the holiday season, August is, as usual, the quietest month in terms of snp transactions, yet it is also a time very critical ...


Wednesday, 13 August 14
WHAT DOES PROJECT CARGO REALLY MEAN TO INSURERS?
KNOWLEDGE TO ELEVATE Richard Kamppari-Baker, claims manager of FP Marine Risks, explains the challenges of project cargo risk assessment from ...


Wednesday, 13 August 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN CLOSE TO 57 MONTHS LOWS
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price in August. HBA for the month of A ...


Monday, 11 August 14
LARGEST CHINESE TRADE SURPLUS EVER RECORDED IN JULY - BIMCO
China recorded a trade surplus of USD 47.3 billion in July 2014. The record high surplus came on the back of very strong export growth while import ...


   708 709 710 711 712   
Showing 3546 to 3550 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 ...

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