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

Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...


Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...


Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore” Press Release - K ...


Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...


Friday, 11 February 11
DRY BULK MARKET HEATING UP ON FRESH CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is on a high this week, with owners of smaller vessels turning their attention towards the spot market, in order to take advanta ...


   1074 1075 1076 1077 1078   
Showing 5376 to 5380 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 ...

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