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, 11 August 12
SUB-BIT INDONESIA COAL SWAPS SEEN MOVING IN THE RIGHT DIRECTION
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.29 percent W-o-W on Friday (10 August 2012) closing but lost 1 ...


Friday, 10 August 12
DRY BULK MARKET DROWNING FROM TONNAGE OVERSUPPLY - HELLENIC SHIPPING
The dry bulk market has been overflowing with new building vessels, despite the fact that demand is more or less (and minus the seasonal factors) ri ...


Thursday, 09 August 12
3RD ANNUAL SHALE GAS
Press Release - With the North American shale gas boom, IBC’s 3rd Annual Shale Gas explores optimal strategies to monetize Asia’s domest ...


Wednesday, 08 August 12
EXPLOITASI AIMS TO RAISE RP 2.7T FOR ACQUISITION - THE JAKARTA POST
The Jakarta Post reported that, publicly listed coal miner PT Exploitasi Energi Indonesia (CNKO) is seeking to raise Rp 2.7 trillion (US$286.2 milli ...


Tuesday, 07 August 12
2ND ANNUAL FLOATING TERMINALS
Press Release - After a ground breaking and successful launch in 2011, the 2nd Annual Floating Terminals conferenceis back to address innovation, co ...


   923 924 925 926 927   
Showing 4621 to 4625 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 ...

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