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

Wednesday, 03 October 12
BARCLAYS'S PRICE FORECAST FOR NEWCASTLE COAL HAS BEEN WRITTEN DOWN
“ The main story in the global coal markets has been the growth in supply, with all of the major exporters adding volumes into a market which ...


Sunday, 30 September 12
SUB-BIT INDONESIA COAL SWAPS: MIXED TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 0.73 percent w-o-w but gained 0.41 percent d-o-d on Friday, 28 Se ...


Sunday, 30 September 12
INDONESIA HAS NO PLAN TO CAP COAL PRODUCTION
COALspot.com - “The current low coal prices were mainly due to a global oversupply condition, spurred by numerous mining exploitations in the ...


Sunday, 30 September 12
FREIGHT MARKET UNDER PRESSURE; OVERALL SENTIMENTS ARE STILL BEARISH
COALspot.com - The freight market seemed to have lost steam and all indices were down except for cape index. The BDI was slightly down by 6 point ...


Friday, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...


   909 910 911 912 913   
Showing 4551 to 4555 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 ...

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