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

Friday, 31 August 12
ADVERSE SHIPPING MARKET CONDITIONS SHORTENS LIFE SPAN OF VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The adverse conditions which have been put in place in the world's freight markets, means that ship owners are forced to scrap vessels of a much yo ...


Thursday, 30 August 12
INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 7K FOR DELIVERY SINGAPORE - FEARNLEYS AS
Handy The Supra market continued its negative trend with little fresh business entering the market. Continent positions fixed around USD 4k for tri ...


Thursday, 30 August 12
DRY BULK MARKET STILL LOOKING OUT FOR BETTER DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With things in China moving slowly this week, as a result of holidays, it’s no surprise that the latest positive trend in the dry bulk market ...


Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART TWO - JOSEPH KIRSCHKE
One of the most prominent casualties of Canada's entry into the Colombian mining sector has been a priest named Jose Reynal-Restrepo. Last Septembe ...


Wednesday, 29 August 12
COLOMBIA'S MINING BOOM: PART ONE - JOSEPH KIRSCHKE
COALspot.com - Colombia stands before one of the potentially largest, most diversified mining booms in the world. Untold reserves of gold, coal, cop ...


   918 919 920 921 922   
Showing 4596 to 4600 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 ...

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