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

Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...


Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...


Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...


Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...


Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...


   1017 1018 1019 1020 1021   
Showing 5091 to 5095 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 ...

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