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

Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...


Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...


Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal. The tender document also mentioned tha ...


Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...


Saturday, 15 October 11
BUNKER PRICES AND DEMANDS PUSHED FREIGHT RATES UP - VISTAAR
COALspot.com - The market continued to be firm with all segments moving up with biggest gain in Handy size segment up by 15 pct.  The BDI was u ...


   1004 1005 1006 1007 1008   
Showing 5026 to 5030 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 ...

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