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

Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-bindi ...


Tuesday, 04 December 12
NEWCASTLE PORT SHIPPED 55.88 PERCENT MORE COAL W/E 3 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,796,341 MT of thermal and coking coal for week ended  0700 hours 3 December 2012, Newca ...


Sunday, 02 December 12
YEAR 2013, YEAR OF SUPPLY OR DEMAND?
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1  2013 delivery gained 2.87 & 0.83 percent MoM and WoW  respectively ...


Saturday, 01 December 12
TIGHT SUPPLY, DEMAND PUSH INDO-INDIA SUPRAMAX FREIGHT RATES HIGHER - VISTAAR
COALspot.com - The freight market was mixed this week as cape and Panamax indices are closing softer. The BDI was down 0.37 pct closing at 1,086 ...


Friday, 30 November 12
FUTURE TREND OF SECOND HAND SHIP VALUES PUZZLING SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the major challenges that ship owners are facing today is whether or not to invest in a second hand vessel at any given time. For instance, i ...


   894 895 896 897 898   
Showing 4476 to 4480 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 ...

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