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

Monday, 19 November 12
IHS MCCLOSKEY ASIA PACIFIC COAL OUTLOOK CONFERENCE 2012
With the current global oversupply of thermal coal showing no signs of abating and spot prices falling to a two-year low, concerns are growing that ...


Sunday, 18 November 12
INDONESIAN SUB BITUMINOUS COAL SWAPS FOR JANUARY 2013 DELIVERY GAINS 1.29 PERCENT WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 1.29 percent WoW  and 0.25 percent DoD on Friday, 16 Novembe ...


Saturday, 17 November 12
THE SUPRAMAX FREIGHT RATES FROM INDONESIA TO INDIA ARE EXPECTED TO BE UP NEXT WEEK - VISTAAR
COALspot.com - This week market sentiments ended positive with all the segments ending higher except for handy size which was almost at same levels ...


Saturday, 17 November 12
RECORD DEMOLITION ACTIVITY SEEKS TO CURB TONNAGE OVERSUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
This year will prove to be another record-breaker in terms of scrapping of older vessels across all shipping segments, as the equally feverish pace ...


Friday, 16 November 12
SHIP OWNERS KEEP ON INVESTING IN SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Priced attractively, modern and with prompt delivery dates, second hand vessels are proving to be rather popular among cash-rich ship owners these d ...


   898 899 900 901 902   
Showing 4496 to 4500 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 ...

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