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

Tuesday, 14 May 13
KALIMANTAN COAL
Press Release : After a very successful conference in 2012, the second annual event will address latest market developments and address the future p ...


Tuesday, 14 May 13
NEWCASTLE PORT'S COAL EXPORTS FALL 6.83 PERCENT
COALspot.com - Newcastle port in Australia has loaded 2,771,891 tons of thermal and coking coal for week ended  0700 hours 13 May 2013, Newcast ...


Monday, 13 May 13
SGX ASIACLEAR OTC COAL SWAPS : RELATIVELY STABLE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.15 percent and API 8 CFR South China Coal shipment&nb ...


Saturday, 11 May 13
INDONESIA TO INDIA COAL FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK
COALspot.com - This week the market remained flat compared to last week. BDI slightly up 0.68 pct and closed at 884 points and the cape size index u ...


Friday, 10 May 13
U.S. PRODUCED TOTALED APPROXIMATELY 18.5 MMST OF COAL W/E 4 MAY 2013
COALspot.com - U.S. produced totaled approximately 18.5 million short tons (mmst) of coal in a week (For the week ended 4 May, 2013), EIA said in it ...


   855 856 857 858 859   
Showing 4281 to 4285 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 ...

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