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

Thursday, 26 April 12
TAIPOWER TO BUY 1.15 MILLION TONS OF 5000 GAR COAL
COALspot.com - Taiwan Power Company intends to procure 1.125million tons of sub-bituminous coal for Taipower thermal power plant through open tender ...


Thursday, 26 April 12
TAIPOWER TO BUY 375,000 MT OF 4800 GAR COAL
  COALspot.com - Taiwan Power Company intends to procure 375,000 metric tons of low sulfur sub-bituminous coal for Taipower thermal power plant ...


Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta K ...


Thursday, 26 April 12
DRY BULK CARRIERS RENTER FLEET AFTER IDLING, ON MARKETS RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be back on track, not only solidifying the gains of the past couple of weeks, but also racing to new heights, recuperra ...


Thursday, 26 April 12
PANAMAXES AGAIN EARN MORE THAN CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of demand for Panamaxes has led the dry bulk market to new higher ground on Monday, with the Baltic Dry Index (BDI) reaching 1,090 ...


   949 950 951 952 953   
Showing 4751 to 4755 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 ...

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