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, 23 July 14
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
In Australia, the world’s largest mining group, BHP Billiton, will beat the iron ore export target of more than 220 million tonnes for 2014. ...


Wednesday, 23 July 14
HARD COAL 2013: THE WORLD'S SECOND-MOST IMPORTANT ENERGY SOURCE AND GUARANTOR FOR THE SECURITY OF ENERGY SUPPLIES DURING TIMES OF CRISIS
Hard coal is again in 2013 the fastest-growing fossil primary energy source in the world. As shown in the BP Statistical Review 2014, it covered ab ...


Tuesday, 22 July 14
INDONESIAN ELECTION RESULT ENCOURAGING FOR FOREIGN INVESTMENT IN ENERGY AND MINING SECTORS - WOOD MACKENZIE
Joko Widodo-Jusuf Kalla has been announced as the official winner of Indonesia's presidential election. Joko Widodo, or Jokowi, is viewed as a ...


Tuesday, 22 July 14
THE CURRENT COAL PRICES ARE UNPROFITABLE FOR MINERS; COAL PRICES WILL GRADUALLY INCREASE - FITCH
COALspot.com: The Fitch Ratings expect the benchmark Newcastle coal prices (currently at about USD70/MT) to gradually increase. Fitch's la ...


Tuesday, 22 July 14
SUB-BIT FOB INDONESIA COAL Q3' 14 DOWN 5.21%; Q4' 14 DOWN 3.56%; Q1' 15 DOWN 4.75% M-O-M
COALspot.com: Indonesian coal swaps for average Q3’ 2014 flat on day, weak week on week and on month according to AsiaClear OTC coal swap' ...


   716 717 718 719 720   
Showing 3586 to 3590 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 ...

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