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

Saturday, 23 March 13
WORLD COAL TRADE FIRST PASSES 1 BILLION TONS IN 2012 - VEREIN DER KOHLENIMPORTEURE E.V
Press Release: Hard coal imports to Germany on the previous year's level in spite of regenerative energies. Imports for power plants at an all-time ...


Thursday, 21 March 13
HANDY : RBCT ROUNDS FIXED AT $ 9000 + 300K BB - FEARNRESEARCH
Handy The Atlantic market remains firm with cargoes seen to support healthy rates as per last week. The USG-Feast was at USD 25k and Black Sea-Feas ...


Wednesday, 20 March 13
NTPC TO IMPORT SEVEN MILLION TONS COAL FOR FOUR MONTHS
COALspot.com : NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company has awarded&n ...


Tuesday, 19 March 13
CHINA GAS PRICE REFORMS AND APAC GAS PRICING - FITCH STREET VIEW
Fitch Ratings says pricing reform in the Chinese gas sector is unlikely to materially impact gas distributors' margins, and low gas prices in the U ...


Tuesday, 19 March 13
NEWCASTLE COAL EXPORTS FALL BY 4.27 PERCENT ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,365,561 MT of thermal and coking coal for week ended  0700 hours 18 March 2013, Newcast ...


   867 868 869 870 871   
Showing 4341 to 4345 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 ...

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