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, 11 March 13
SUB-BIT FOB INDONESIA COAL SWAPS FELL 1.41 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 1.41percent and CFR South China coal shipment  ...


Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments. The BDI was up by 6.70 pct closed at 843 points,  ...


Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...


Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...


Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com -  The Indonesian government has declared bench mark price for coal has moved upwards in March 2013. The monthly coal reference ...


   870 871 872 873 874   
Showing 4356 to 4360 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 ...

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