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

Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com -  Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...


Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...


Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...


Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...


Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...


   931 932 933 934 935   
Showing 4661 to 4665 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 ...

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