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, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...


Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...


Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...


Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com:  Indonesia, the world largest multi grade coal exporter has shipped  33.578* million tons of coal in November 2012. thi ...


Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...


   888 889 890 891 892   
Showing 4446 to 4450 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 ...

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