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, 03 May 13
SHIP OWNERS ARE INVESTING HEAVILY IN DRY BULK CARRIER NEWBUILDINGS ONCE MORE: IS THERE ANY RATIONALE? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market remains heavily oversupplied and just as the orderbook of newbuildings had began to shrink, it seems that sh ...


Wednesday, 01 May 13
NEWCASTLE PORT SHIPPED 23.14 PER CENT MORE COAL WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,997,729 tons of thermal and coking coal for week ended  0700 hours 29 April 2013, Newca ...


Tuesday, 30 April 13
KATINGAN RIA THERMAL COAL TO START PRODUCTION FROM EARLY 2014
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced  the completion of the Feasibility Study for its 51% owned Katingan Ria thermal co ...


Monday, 29 April 13
FIRST TRADES OF SGX API 8 CFR SOUTH CHINA COAL SWAP
COALspot.com - The SGX API 8 CFR South China Coal Swap went live for clearing on SGX-DC today with a total volume of 25,000 metric tonnes (25 lots). ...


Sunday, 28 April 13
SUB BIT INDONESIA COAL & CFR SOUTH CHINA COAL SWAPS STAY POSITIVE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average May 2013 delivery has gained 0.34 percent and CFR South China coal shipment  gai ...


   858 859 860 861 862   
Showing 4296 to 4300 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 ...

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