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

Sunday, 10 November 13
PANAMAX COAL FREIGHT RATES REMAIN UNDER PRESSURE; SUPRAMAX BIGGEST GAINER - REDDY
COALspot.com: The freight market was up this week with all indices increased except for Panamax index. The BDI was up by 56 points closing at 158 ...


Friday, 08 November 13
DRY BULK MARKET BOUNCES BACK ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market staged a mild comeback this week, as the industry's benchmark, the Baltic Dry Index (BDI) inched forward step by step and bit b ...


Friday, 08 November 13
US'S OCTOBER COAL PRODUCTION INCREASED BY 1.78% M-M - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.3 million short tons (mmst) of coal in ...


Thursday, 07 November 13
FORMOSA PLASTICS SEEKS 80K MT OF 5850 GAR COAL
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for 80,000 mt of bituminous coal for delivery in Nov - Dec'13 for its Chi ...


Thursday, 07 November 13
INDONESIAN COAL EXPORT VOLUME INCREASED; REVENUE DECREASED
COALspot.com:  Indonesia, the 15th largest economy, 4th largest coal producer in the world and world's largest multi grade coal exporter shipp ...


   803 804 805 806 807   
Showing 4021 to 4025 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 ...

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