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

Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates ...


Wednesday, 12 December 12
69.23 PERCENT OF END-USERS ARE BELIEVE, COAL PRICES ARE IN UPWARD TREND
COALspot.com -  The Indonesian government’s declared coal reference price for December’ 12 has gained US cents 31 per MT  M-o- ...


Wednesday, 12 December 12
CAPESIZE FREIGHT RATES TO RANGE BETWEEN $9,000 - 16,000/DAY IN THE COMING WEEKS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted yesterday, that Capesize time-charter rates are expected to stay elevated in the foll ...


Tuesday, 11 December 12
NEWCASTLE PORT IN AUSTRALIA HAS LOADED 2,720,205 MT OF COAL W/E 10 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,720,205 MT of thermal and coking coal for week ended  0700 hours 10 December 2012, Newc ...


Sunday, 09 December 12
COAL SWAPS HAVE LOST DIRECTION DUE TO LACK OF ASIAN INTEREST
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 2.43 percent M-M but lost WoW by 0.54 percent and 0.62 ...


   892 893 894 895 896   
Showing 4466 to 4470 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 ...

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