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, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...


Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...


Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...


Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...


Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...


   930 931 932 933 934   
Showing 4656 to 4660 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 ...

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