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

Tuesday, 12 February 13
GOVERNMENT DECLARED INDONESIAN THERMAL COAL PRICE INCHES UP IN FEBRUARY
COALspot.com -  The Indonesian government has declared bench mark price for coal has moved upwards in February 2013. The monthly coal refere ...


Monday, 11 February 13
NEWCASTLE PORT SHIPPED 23.01 PERCENT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,967,761 MT of thermal and coking coal for week ended  0700 hours 11 February 2013, Newc ...


Sunday, 10 February 13
INDONESIA SUB-BIT SWAPS: "UP" - CFR SOUTH CHINA SWAPS: "DOWN"
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.72 percent W-O-W and CFR South China coal shipme ...


Sunday, 10 February 13
DRY BULK OVERSUPPLY OF TONNAGE SEEN WANING IN THE COMING MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It seems that the tide could be shifting in the dry bulk market, in terms of tonnage oversupply, according to the latest data figures. This could ex ...


Sunday, 10 February 13
HIGHER BUNKER PRICE PUSHES SEA FREIGHTS FIRM - REDDY
COALspot.com - The freight market was soft and all at same levels with Chinese year holidays next week. The BDI was slightly down by 0.27 pct ad ...


   876 877 878 879 880   
Showing 4386 to 4390 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 ...

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