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

Friday, 01 November 13
DRY BULK MARKET IN FIRST POSITIVE SIGN IN DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Owners of dry bulk carriers are well aware of the rollercoaster ride that has been the market for their vessels over the past few years. This trend ...


Thursday, 31 October 13
HANDY: ACTIVE; PANAMAX: QUIET; CAPESIZE: NO LIGHT
Handy The handy market had an active week however not directly translated into the rates we´ve seen in the Pacific. We see more coal and baux ...


Wednesday, 30 October 13
INDONESIAN STATE OWNED COAL MINER HAS EXPORTED 7.02 MILLION TONS OF COAL IN 9 MONTHS
COALspot.com : PT. Bukit Asam, Indonesian state owned coal miner has sold 13.24 million tons of coal for the period January - September 2013. Accord ...


Wednesday, 30 October 13
DRY BULK MARKET HAS LOST FURTHER GROUND THIS PAST WEEK - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable-) The Dry Bulk market has lost further ground this past week, as de-creased activity in both basins for both C ...


Wednesday, 30 October 13
CAPESIZE: DOWNWARD; SUPRAS AND HANDIES: STABLE - INTERMODAL
The Dry Bulk market has resumed its downward movement, noting another dip for a third week in a row. The larger size segments were responsible for p ...


   806 807 808 809 810   
Showing 4036 to 4040 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 ...

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