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

Thursday, 08 November 12
LARGE ECO SUPRA : INDO - INDIA NOW FIXED AT USD 11K FOR DELIVERY SINGAPORE - FEARNLEYS
Handy The Atlantic market continues to remain weak with rates further softening on FH. Rates from USG to Feast were around USD 14k and Black Sea to ...


Thursday, 08 November 12
DRY BULK MARKET RETREATS AGAIN ON HIGHER SHIP SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In further evidence of a latest round of dry bulk shipping misery, the industry's benchmark fell for the 11th straight session yesterday, as the in ...


Thursday, 08 November 12
JOIN CHINA STEAM COAL SUPPLY - DEMAND FORUM
Join China Steam Coal Supply-Demand Forum &  Visit Shenhua Yudean Zhuhai Port Coal Terminal Press Release - Organized by CBI BIZ and suppo ...


Wednesday, 07 November 12
NEWBUILDING ORDERING ACTIVITY ON A STEADY PACE PRIOR TO THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders, which to many involved in the shipping industry, are the main reason of today's low freight rates and subsequent financial prob ...


Tuesday, 06 November 12
NOVEMBER 2012 HBA $35.21 LOWER THAN A YEAR AGO
COALspot.com -  The Indonesian government’s declared coal reference price for November’ 12 has lost US$ 4.60 per MT  M-o-M. ...


   901 902 903 904 905   
Showing 4511 to 4515 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 ...

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