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, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...


Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...


Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...


Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...


Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...


   975 976 977 978 979   
Showing 4881 to 4885 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 ...

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