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, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...


Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...


Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...


Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...


Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...


   1037 1038 1039 1040 1041   
Showing 5191 to 5195 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 ...

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