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 : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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