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, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...


Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected. The BDI saw a bigger drop compared to ...


Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for  transportation and sale of coal, which was the ...


Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of  Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan  h ...


Friday, 04 February 11
PERTAMINA DENIES KAREN AGUSTIAWAN RESIGNS FROM PERTAMINA
COALspot.com - The President Director of PT Pertamina, Karen Agustiawan reportedly will replace Darwin Saleh as Minister of Energy and Mineral Resou ...


   1077 1078 1079 1080 1081   
Showing 5391 to 5395 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 ...

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