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, 23 September 12
INDIA IMPORTED 11.40 PERCENT MORE INDONESIAN COAL IN AUGUST
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped  26,451,565* tons of coal in August 2012, compared to 27.88* mill ...


Saturday, 22 September 12
SOFT BUNKER PRICES KEEP INDONESIA TO INDIA FREIGHTS STABLE - VISTAAR
COALspot.com - The freight market overall remained buoyant with all indices up except for Panamax index. The main effect seems to be increased shipm ...


Friday, 21 September 12
SHIP BREAKING ACTIVITY REACHES NEW RECORDS, AS ALREADY 2012 LEVELS HAVE SURPASSED THE WHOLE OF 2011 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The vast oversupply of vessels, most notably in the dry bulk shipping sector, has forced ship owners to intensify their efforts towards recycling th ...


Thursday, 20 September 12
SUPRAMAX : INDO-INDIA ROUNDS WERE AROUND USD 12K - FEARNLEYS
Handy Not a bad week for Supramax tonnage, if we compare Supramax developments to the bigger size tonnage. The rates have basically remained unchan ...


Thursday, 20 September 12
DRY BULK INCHES FORWARD AFTER WEEKS OF BELOW PAR PERFORMANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has started to revive from its ashed, as the past couple of days, traders have reported an increased activity from China, result ...


   911 912 913 914 915   
Showing 4561 to 4565 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 ...

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