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, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as f ...


Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...


Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...


Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...


Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...


   1001 1002 1003 1004 1005   
Showing 5011 to 5015 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 ...

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