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, 17 March 12
THE FREIGHT RATES FOR INDONESIA TO INDIA REMAINED FIRM - VISTAAR SINGAPORE
COALspot.com - The market continued to be firm and all segments were up except for Cape Index which was down by 2.46 pct closing at 1,466 points. ...


Saturday, 17 March 12
INDIAN GOVT FINALIZES DRAFT BILL FOR COAL REGULATOR - PTI
The coal sector would soon get a regulator as the government has finalised a draft bill for the purpose, Coal Minister Sriprakash Jaiswal said Wedne ...


Friday, 16 March 12
THE PACIFIC MARKET IS FIRMING UP - FEARNLEYS AS
Handy A slightly positive trend was seen last week in the Atlantic. Skaw-Passero deliveries fixed around USD 3k to US Gulf, while US Gulf deliveres ...


Thursday, 15 March 12
RAINS AVERAGE SELLING PRICE OF COAL WENT UP BY 22 % IN 2011
COALspot.com - PT. Resource Alam Indonesia Tbk, an Indonesian CCoW (3rd Generation) holder reported Wednesday a 171 percent increase in net profits ...


Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES
Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back ...


   959 960 961 962 963   
Showing 4801 to 4805 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 ...

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