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, 05 April 13
SGX API 8 CFR SOUTH CHINA COAL SWAPS TO GO LIVE
COALspot.com - The Exchange has announced  that the SGX API 8 CFR South China Coal Swap will go live for clearing on SGX-DC starting from 29 Ap ...


Thursday, 04 April 13
HANDY:QUIET ; PANAMAX: SLOW START; CAPESIZE: LOW ACTIVITIES - FEARNRESEARCH
Handy The Atlantic markets remain quiet as charterers and owners waiting to see how it moves. The USG-Feast was at USD 20k and Black Sea-Feast was ...


Wednesday, 03 April 13
HBA HAS LOST US$ 1.53 PER MT IN APRIL 2013
COALspot.com -  The Indonesian government’s declared coal bench mark price has lost $1.53 / MT in April 2013. The monthly coal referen ...


Tuesday, 02 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 633K MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,029,482 tons of thermal and coking coal for week ended  0700 hours 1 April 2013, Newcas ...


Tuesday, 02 April 13
THE GOVERNORS TO TAKE OVER AUTHORITY OF MINING, FORESTRY AND PLANTATION CONCESSIONS
The Indonesian government is planning to transfer the authority of issuing mining, forestry and plantation concessions from municipalities and distr ...


   864 865 866 867 868   
Showing 4326 to 4330 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 ...

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