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

Sunday, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct clo ...


Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW  but CFR South China coal ship ...


Saturday, 12 January 13
HIGHER COAL PRICES: SEASONAL EFFECT
COALspot.com : Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that,  on US and China&rsquo ...


Friday, 11 January 13
HBA HAS JUMPED BY US$ 5.80 PMT IN JANUARY 2013
COALspot.com -  The Indonesian government has declared bench mark price for coal higher than December price. The monthly coal reference price f ...


Thursday, 10 January 13
PANAMAX : SOME GLIMMERS OF HOPE MID WEEK - FEARNLEYS
According to Fearnley’s weekly report, the Atlantic handy market is stable with rates around USD 11k for Cont-Feast and USD 17k bss USG/Feast. ...


   884 885 886 887 888   
Showing 4426 to 4430 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 ...

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