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, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...


Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...


Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index. The BDI was up by 6.87 pct closing at 824 points ...


Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake. The regulation known as ...


Friday, 09 March 12
SHIP OWNERS LOOKING TO CHINA FOR REVIVAL, WHILE THEY KEEP SELLING OLD SHIPS FOR SCRAP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With China’s economic policy plan for the future on every ship owner’s mind, at least those involved in the dry bulk industry, the lates ...


   961 962 963 964 965   
Showing 4811 to 4815 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 ...

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