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

Monday, 15 April 13
SUB - BIT INDONESIA COAL SWAP SHOWS POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.70 percent and CFR South China coal shipment&nbs ...


Saturday, 13 April 13
THE FREIGHT MARKETS EXPECTED TO HOLD FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - This freight market firmed up this week and all sectors were up except for Supramax index. The BDI was up by 1.62 pct closing at 8 ...


Friday, 12 April 13
DRY BULK SHIP OWNERS DEVELOPED NEWFOUND APPETITE FOR BULKERS DURING FIRST QUARTER OF 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's official; more and more ship owners operating in the dry bulk market appear to have developed a newfound optimism in the market's prospects. ...


Thursday, 11 April 13
HANDY: INDO - INDIA NOW BEEN REPORTED AT APS BASIS AT USD 10K+BB 85K - FEARNLEYS
Handy The Atlantic markets remain with not many cargoes seen this week. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 12k. The Pacifi ...


Thursday, 11 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 15.96 PERCENT LESS COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,545,914 tons of thermal and coking coal for week ended  0700 hours 8 April 2013, Newcas ...


   862 863 864 865 866   
Showing 4316 to 4320 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 ...

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