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, 06 February 14
THE WORLD LARGEST COAL EXPORTER SHIPPED AROUND 35.90 MMT OF COAL IN DECEMBER 2013
COALspot.com:  Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $2* billion worth ...


Thursday, 06 February 14
PANAMAX: FAR EAST IS ALMOST ABSENT AND ATLANTIC ON SLOW STEAM
Handy Due to ongoing Chinese New Year the market is still quiet. Slowly we can see some fresh coal cargos entering the market with second half Feb/ ...


Wednesday, 05 February 14
DRY BULK MARKET HAS LOST FURTHER GROUND THIS PAST WEEK - INTERMODAL
COALspot.com: The Dry Bulk market has lost further ground this past week as activity ex-Far East disappeared into the Chinese holidays and owners id ...


Wednesday, 05 February 14
MARKET INSIGHT - TASOS PAPADOPOULOS
KNOWLEDGE TO ELEVATE COALspot.com: Let's take a break from market prospects, numbers, order book etc. and shed some light on the conclusions of ...


Tuesday, 04 February 14
NEWCASTLE PORT'S WEEKLY COAL EXPORTS HIT NEW HIGH OF 3.53 MMT
COALspot.com: In the week ended 3 February 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled ...


   772 773 774 775 776   
Showing 3866 to 3870 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 ...

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