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

Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...


Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company. ...


Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...


Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...


Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...


   1094 1095 1096 1097 1098   
Showing 5476 to 5480 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 ...

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