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, 14 March 12
GLOBAL THERMAL TRADE FLOW CHANGES WILL ENSURE SECURITY OF THERMAL COAL SUPPLY, ALBEIT AT A HIGH PRICE - WOOD MACKENZIE
Wood Mackenzie Says Global Thermal Trade Flow Changes Will Ensure Security of Thermal Coal Supply, Albeit At a High Price Seaborne thermal demand by ...


Wednesday, 14 March 12
COKAL TAKES ANOTHER STEP IN DEVELOPING INFRASTRUCTURE TO FACILITATE METALLURGICAL COAL PRODUCTION
Global coal group, Cokal Limited (ASX-CKA), has signed Memorandums of Understanding (MoU’s) to develop two river ports and two small scale coa ...


Tuesday, 13 March 12
CLARIFICATION OF GR 24 OF 2012 REQUIRING DIVESTMENT OF FOREIGN OWNERSHIP OVER TIME
ASX Announcement Global metallurgical coal group, Cokal Limited (ASX-CKA), is responding to the recent announcement of the Indonesian Ministry of ...


Tuesday, 13 March 12
EUROPEAN COAL CONTANGO: FURTHER STEEPNESS REQUIRED TO MAKE LARGE SCALE PHYSICAL TIME SPREAD ARBITRAGE MORE ATTRACTIVE - MISWIN MAHESH, BARCLAYS CAPITAL
COALspot.com - "With the contango between the Y+1 and M+1 ARA delivered contract now averaging above the $14/t level, there is an increasing in ...


Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported  that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...


   960 961 962 963 964   
Showing 4806 to 4810 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 ...

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