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

Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...


Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...


Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...


Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...


Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...


   1043 1044 1045 1046 1047   
Showing 5221 to 5225 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 ...

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