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 : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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