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

Sunday, 29 September 13
SUB-BIT INDONESIA COAL SWAP FELL ON MONTH AND WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery fell 3.93 percept  month on month on Friday 27 September 2 ...


Friday, 27 September 13
TAIWAN'S FORMOSA TO IMPORT 140K MT OF BITUMINOUS COAL FOR Q4
COALspot.com : Taiwan's Formosa Plastics Group is inviting bids for 140,000 mt of bituminous coal for delivery in the Q4 for its China plant. Ac ...


Friday, 27 September 13
CAPESIZES REGAINING PART OF THEIR FORMER GLORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The latest dry bulk market rally has been nothing short of spectacular, with freight rates more than doubling over the past few weeks. This growth h ...


Friday, 27 September 13
US PRODUCED 19.30 MMST OF COAL IN SEVEN DAYS
COALspot.com – United States the world’s second largest coal producer produced approximately 19.30 million short tons (mmst) of coal in ...


Thursday, 26 September 13
PANAMAX MARKET CONTINUE WITH STRONG RATES IN BOTH BASINS - FEARNRESEARCH
Handy Feast rates are still firm, some fresh stems entered the market. Vessels trading around $15k passing Singapore for coal to India, and a bit l ...


   818 819 820 821 822   
Showing 4096 to 4100 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 ...

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