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

Friday, 11 July 14
UNITED STATE'S MONTHLY COAL OUTPUT FALLS 5.53% IN JUNE
COALspot.com – United States the world's second largest coal producer, produced approximately 18.1 million short tons (mmst) of coal in a ...


Thursday, 10 July 14
SGX EXPANDS ACROSS THE BULKS WITH NEW COAL PRODUCTS
COALspot.com: Singapore Exchange (SGX) is expanding its bulk commodity derivatives offering by launching new coking and thermal coal products on 4 ...


Thursday, 10 July 14
HANDY: SMALL INCREASE; PANAMAX: POSITIVE TONE; CAPESIZE: PAPER VALUES REMAIN WEEK
Handy It is a general increase in activity in both hemispheres whereas rates have just experienced a small increase. In the Feast we see stable a ...


Wednesday, 09 July 14
SHIP INVESTMENTS ARE TRENDING LOWER
Most ship owners are deeming current ship prices on the high side, refraining from making serious commitments in new acquisitions or newbuilding or ...


Wednesday, 09 July 14
INDIAN GOVERNMENT ADVISED POWER UTILITIES TO INCREASE COAL IMPORTS
COALspot.com: The government of India has advised power utilities to increase coal imports to meet fuel shortages and those that have fuel supply p ...


   721 722 723 724 725   
Showing 3611 to 3615 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 ...

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