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, 10 October 13
SEVERAL PANAMAX FIXTURES FOR 1 YEAR TC HAVE BEEN REPORTED AROUND $13.5K/DAY - FEARNRESEARCH
Handy The market is not much fancy as several holidays in the Far East last week. Tonnage side seems tight in SE Asia but there are many of them in ...


Wednesday, 09 October 13
PANAMAX: FIRM ; FIXING ACTIVITY INCREASED IN BOTH BASINS - INTERMODAL
This was another week of gains for the Dry Bulk market, albeit very modest ones compared to the previous ones. Charterers and owners struggled for t ...


Tuesday, 08 October 13
CHINA: INTENSE COMPETITION AMONG DOMESTIC COAL MINERS AS 2013 IMPORT DEMAND REMAINS STRONG - WOOD MACKENZIE
Prices will not fall under RMB500/t or risk supply availability to the coastal market Despite China's lower economic growth, Wood Mackenzie says ...


Monday, 07 October 13
RICHARD BAY COAL TERMINAL SHIPPED 49.94 MMT OF COAL YTD
COALspot.com - Richards Bay Coal Terminal (RBCT), the world's single largest coal terminal has shipped 49,946,509 mt of coals YTD, according to por ...


Monday, 07 October 13
SOUTH AFRICA'S RBCT SHIPPED 7.94% MORE COAL IN SEPT' 13
COALspot.com - Richards Bay Coal Terminal (RBCT), the single largest coal export terminal in South Africa as well as in the world has shipped 7.94 p ...


   814 815 816 817 818   
Showing 4076 to 4080 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 ...

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