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

Thursday, 02 September 10
PLN ASKED TO USE LOCAL COAL
Tempo Interactive reportd that, the Indonesian Mining Association Executive Director, Priyo Pribadi, has called on the state-run electricity company ...


Thursday, 02 September 10
NALCO OPEN TO EQUITY DILUTION IN $3.9 BN PROJECT IN INDONESIA
Business-Standard reported that, state-owned Nalco today said it is considering selling stake in its $3.9 billion (over Rs 18,000 crore) aluminium p ...


Thursday, 02 September 10
DRY BULK MARKET GAINS MOMENTUM TO INCREASE, WITH CHINA ONCE AGAIN TO THE RESCUE
With predictions from Chinese officials stating that the country’s iron ore imports during 2010 could surpass the record amounts of 2009, the ...


Wednesday, 01 September 10
STC BAGS NTPC ORDER TO SHIP 12 MT COAL
My Digital FC reported that, The State Trading Corpor­ation (STC) has bagged NTPC’s tender to ship 12 million tonnes coal from In­d&sh ...


Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...


   1125 1126 1127 1128 1129   
Showing 5631 to 5635 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 ...

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