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

Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target. According to Irwan Budiarto analyst at Bahana Securities, US ...


Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts. The API 5 index represents 5,50 ...


Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points. The Cape index also was down by 5.78 pct closing a ...


Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...


Friday, 08 June 12
MINISTER DENIES COAL EXPORT TAX PLAN, ENDORSES RESTRICTIONS - THE JAKARTA POST
The Jakarta post, one of the leading english news paper in Indonesia reported that, Energy and Mineral Resources Minister Jero Wacik has denied that ...


   938 939 940 941 942   
Showing 4696 to 4700 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 ...

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