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, 23 October 12
INDONESIA SETS DMO FOR NEXT YEAR
COALspot.com - The Indonesian government has declared the quantity of coal to be supplied to domestic market in 2013 recently under DMO regulation. ...


Sunday, 21 October 12
BUMA HAS PRODUCED 25.0 MILLION TONS OF COAL YEAR TO DATE
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 33.2 million bcm*  (+5.5% YoY) of Overburden in September 2012 totaled while coal produc ...


Saturday, 20 October 12
SUPRAMAX FREIGHT EXPECTED TO BE FLAT - VISTAAR
COALspot.com - The shipping market continued to be quite active with quite lot of cargoes fixed for in the cape and panamax sector. The BDI was ...


Thursday, 18 October 12
INDO-INDIA, LARGE ECO SUPRA FIXED AT USD 11000 - FEARNLEYS AS
Handy Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Cont to East Med were around USD 14k and Black Sea ...


Tuesday, 16 October 12
DRY BULK FREIGHT RATES COULD IMPROVE ON CHINESE STIMULUS AND WINTER CARGO DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO has given out its forecast for the next six weeks, in terms of freight rates for dry bulk carriers. According to them, Capesize TC Average rat ...


   905 906 907 908 909   
Showing 4531 to 4535 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 ...

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