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

Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...


Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...


Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...


Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...


Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...


   1027 1028 1029 1030 1031   
Showing 5141 to 5145 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 ...

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