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, 13 September 13
DIRECTOR GENERAL OF MINERAL AND COAL OF INDONESIA REVISED UP COAL PRICE REFERENCE TO US$ 76.89
COALspot. com - The Indonesian government has revised up its owned coal bench mark price by US$ 0.19/ MT to US$ 76.89 for September 2013 deliveries ...


Thursday, 12 September 13
PANAMAX : PACIFIC ROUNDS ARE NOW REPORTED BETWEEN USD 13K AND 15K PER DAY - FEARNRESEARCH
Handy Nickel ore is a key support SE Asia/Feast rate at the moment; vessel in N.China were fixed around USD 11-12k, ships in mid China can expect a ...


Thursday, 12 September 13
CAPESIZE MARKET WILL BECOME EVEN TIGHTER - JEFFREY LANDSBERG
COALspot.com : While it is no secret that current capesize availability has become tight and has caused capesize rates to surge, availability is set ...


Thursday, 12 September 13
OVER THE WORST? WE MIGHT FIND OUT THIS WEEK - BIMCO
The shipping market has a spring in its step, even as summer draws to a close. There is it seems, confidence that finally, we are emerging into the ...


Thursday, 12 September 13
DRY BULK MARKET RALLY COMES AT A GOOD TIME FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of the dry bulk market has helped offset other lingering factors, which otherwise, could have plunged freight rates to new lows. Fo ...


   824 825 826 827 828   
Showing 4126 to 4130 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 ...

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