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, 04 November 13
API 8 CFR S.CHINA COAL SWAP FOR Q3' 2014 DELIVERY CLOSED 3.65% HIGHER COMPARED TO Q1' 2014 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.24 percept W-W on Friday 1 November 2013. The CFR South China Co ...


Sunday, 03 November 13
H2' 2014 INDONESIAN COAL PRICE ( SWAPS) SHOWS POSITIVE TREND
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’2014  delivery gained 0.24 percept  week on week on Friday 1 ...


Sunday, 03 November 13
THE CAPE SIZE INDEX FELL 13.61 PCT W-W
COALspot.com: The freight market continued to soften on the cape and panamax sectors , however the supramax and handy size remained fairly firm. ...


Saturday, 02 November 13
DRY BULK SHIPPERS AREN'T CELEBRATING, BUT THEIR SILENCE IS GOLDEN - MARKET REALIST
In October, performance for major dry bulk shipping companies was mixed. Companies like DryShips Inc. (DRYS) had pulled back more than Diana Shippin ...


Friday, 01 November 13
US'S COAL PRODUCTION UP 0.9 PERCENT W-W
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.3 million short tons (mmst) of coal in ...


   805 806 807 808 809   
Showing 4031 to 4035 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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