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

Wednesday, 03 July 13
NEWCASTLE COAL EXPORTS DIP 24.79 PER CENT WOW
COALspot.com - Newcastle Coal exports fell 24.79% to 2.33 million tons WoW. Newcastle port in Australia has loaded 2,332,513 tons of coal for the ...


Monday, 01 July 13
12TH CLEAN COAL FORUM INDONESIA 2013
Press Release: Produced by CDMC Events, The 12th Clean Coal Forum Indonesia 2013 will be held on Dec 5-6,2013 in Jakarta, Indonesia. It will generat ...


Monday, 01 July 13
INDIA AND CHINA STILL DOMINATING THE INDONESIAN THERMAL COAL EXPORT MARKET
COALspot.com:  Indonesia, the world's largest multi types coal exporter shipped  35.83* million tons of coal in May 2013, 1.40 per cent l ...


Sunday, 30 June 13
YEAR 2014 INDO SUB-BIT COAL SWAPS EXPECTED TO STAY BELOW 2013 LEVEL
COALspot.com –  Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 delivery have gained 0.08 percent  on a day lost on week ...


Sunday, 30 June 13
CAPESIZE RATES SEEN INCREASING ON HIGH DEMAND - VISTAAR
COALspot.com - The BDI continued to rise and saw a big gain on Friday. BDI increased 14 per cent week ended 28 June 2013, closed at 1171 points driv ...


   844 845 846 847 848   
Showing 4226 to 4230 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 ...

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