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, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
  COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...


Friday, 07 December 12
A NEW PHASE FOR AUSTRALIAN RESOURCES - A FITCH STREET INTERVIEW
This week Matt Jamieson spoke with Andrew Colquhoun in Fitch's Asian sovereign rating team, and Vicky Melbourne, Fitch's commodity analyst based i ...


Friday, 07 December 12
SHIPPING INDUSTRY LOOKING ON YET ANOTHER TOUGH YEAR AS WE APPROACH 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most import ...


Thursday, 06 December 12
PANAMAX : THE POSITIVE VIBES IN THE ATLANTIC REMAINS - FEARNLEYS AS
Handy The Atlantic market is still depressed with dearth of cargoes and more ships. The trips from Continent to Feast fixed around USD 12k. Trips f ...


Thursday, 06 December 12
STRONG CHINESE DEMAND FOR DRY BULK COMMODITIES EXPECTED FOR 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A new analysis from BIMCO released yesterday suggests that 2013 is expected to be a stronger year in terms of China's "hunger" for commod ...


   893 894 895 896 897   
Showing 4471 to 4475 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 ...

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