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

Sunday, 16 September 12
THE FREIGHT RATES FROM INDONESIA TO INDIA EXPECTED TO BE STEADY - VISTAAR
COALspot.com - The freight market was  mixed with most indices closing positive except for the Panamax index. The main sentiment seems to be ...


Saturday, 15 September 12
FINANCE MINISTRY OPPOSES TAX INCENTIVE PLAN FOR COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry has turned down the idea of providing a fiscal incentive to the country’s coal mining ind ...


Friday, 14 September 12
DRY BULK MARKET LOOKS TOWARDS CHINA FOR SOME POSITIVE NEWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market freight rates submerged underwater for a large part of the year, dry bulk owners are looking for some positive enhancement ...


Friday, 14 September 12
GOVT OFFERS CONDITIONAL TAX HOLIDAY TO AILING COAL MINERS - JP
The Jakarta Post, one of the leading English news paper in Indonesia reported that, acknowledging difficulties encountered by coal miners due to a p ...


Thursday, 13 September 12
PANAMAX: THE NEGATIVE TREND, POOR SENTIMENT CONTINUES - FEARNLEYS AS
Handy Lack of cargoes and a growing list of available ships is causing rates to slip for all Atlantic trades. The only trade keeping somewhat s ...


   913 914 915 916 917   
Showing 4571 to 4575 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 ...

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