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, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...


Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to  ...


Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...


Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...


Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...


   1061 1062 1063 1064 1065   
Showing 5311 to 5315 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 ...

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