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

Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...


Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy The market continued the same trend as last week, low activity and holidays in some countries. Rate wise unchanged, with US Gulf/Continent ...


Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...


Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
  Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN  Mr. Sahust Pratuknukul, President of Electri ...


Monday, 20 August 12
CHINESE COAL SWAPS RISE, INDONESIAN COAL CONTRACTS SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost -2.05 percent W-o-W on Friday (17 August 2012) closing but gained ...


   920 921 922 923 924   
Showing 4606 to 4610 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 ...

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