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

Saturday, 25 August 12
INDONESIAN COAL SWAP REMAINS STABLE AT LOW LEVEL
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery gain 0.804 percent W-o-W on Friday (24 August 2012) closing but lost 0. ...


Thursday, 23 August 12
INDONESIA-INDIA, LARGE ECO SUPRA FIXED AT USD 6K FOR DELIVERY SOUTH CHINA - FEARNLEYS AS
Handy The market continued the same trend as last week, low activity and holidays in some countries. Rate wise unchanged, with US Gulf/Continent ...


Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign m ...


Thursday, 23 August 12
EGCO GROUP ANNOUNCES 2 BILLION BAHT PROFITS IN Q2/2012
  Successfully Establishes Integrated Energy Business and Strengthen Investments in ASEAN  Mr. Sahust Pratuknukul, President of Electri ...


Monday, 20 August 12
CHINESE COAL SWAPS RISE, INDONESIAN COAL CONTRACTS SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost -2.05 percent W-o-W on Friday (17 August 2012) closing but gained ...


   920 921 922 923 924   
Showing 4606 to 4610 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 ...

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