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

Sunday, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct clo ...


Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW  but CFR South China coal ship ...


Saturday, 12 January 13
HIGHER COAL PRICES: SEASONAL EFFECT
COALspot.com : Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that,  on US and China&rsquo ...


Friday, 11 January 13
HBA HAS JUMPED BY US$ 5.80 PMT IN JANUARY 2013
COALspot.com -  The Indonesian government has declared bench mark price for coal higher than December price. The monthly coal reference price f ...


Thursday, 10 January 13
PANAMAX : SOME GLIMMERS OF HOPE MID WEEK - FEARNLEYS
According to Fearnley’s weekly report, the Atlantic handy market is stable with rates around USD 11k for Cont-Feast and USD 17k bss USG/Feast. ...


   884 885 886 887 888   
Showing 4426 to 4430 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 ...

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