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, 02 April 12
BANGLADESH EYEING INDONESIA FOR COAL
COALspot.com - The high level executives of Center for Environmental and Geographic  Information Services (CEGIS) of Bangladesh is visiting Ind ...


Monday, 02 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first quarter of the New Year ended with the BDI standing 42% above from the 26 years’ bottom low of 662 points on February 1st, and a pos ...


Saturday, 31 March 12
THE BDI CONTINUED TO MOVE UPWARD - VISTAAR
COALspot.com - The BDI continued to move upward and rose by 2.86 pct closing at 934 points. The cape index was up by 3.14 pct closing at 1,412 po ...


Saturday, 31 March 12
SRI LANKA IMPORTS 152,555 MT OF INDONESIAN COAL IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, shipped  27.126* million tons of coal in February 2012, compared to 28.21* million to ...


Friday, 30 March 12
RECOND NUMBERS SURROUNDING THE SUPRAMAX DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Last year proved to be both a record year in the number of deliveries of dry bulkers between 40,000dwt and 64,000dwt, as well as a record year in th ...


   955 956 957 958 959   
Showing 4781 to 4785 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 ...

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