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, 19 April 13
FIRST QUARTER OF 2013 PROVEN A POSITIVE SURPRISE FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite ominous predictions regarding the negative performance of the dry bulk market during the – traditionally weak anyway – first qua ...


Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit f ...


Thursday, 18 April 13
FEATURE: PREDICTING THE FUTURE - AND THE PAST - BIMCO
It’s not predicting the future that is problematical, it’s the realisation that you have to relive the past again and again when you fai ...


Wednesday, 17 April 13
INDONESIA SHIPPED 80 MILLION TONS OF COAL IN FIRST QUARTER - COAL DIRECTOR
COALspot.com - Indonesia has exported around 80 million tons of coal including power plant coal in first three months of this year. Speaking on t ...


Tuesday, 16 April 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS JUMPED 20.87 PER CENT ON WEEK TO 3.07 MMT
COALspot.com - Newcastle port in Australia has loaded 3,077,431 tons of thermal and coking coal for week ended  0700 hours 15 April 2013, Newca ...


   861 862 863 864 865   
Showing 4311 to 4315 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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