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

Tuesday, 03 July 12
DRY BULK MARKET INCHED FORWARD AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward at the beginning of the new week, prior to the US holidays regarding the celebration of the 4th of July, which is ...


Monday, 02 July 12
ORPHEUS STRENGTHENS REVENUE STREAM WITH NEW ROYALTY AGREEMENT AT THE B2 COAL PROJECT
Orpheus Energy (ASX:OEG) is pleased to advise that it has executed a life of mine Royalty Agreement with Indonesian mining contractor PT Debbia Mini ...


Monday, 02 July 12
DRY BULK DEMAND TO RISE TO 3.6 BILLION TONNES IN 2012, BUT NEW BUILDING DELIVERIES ARE
In its latest analysis on the dry bulk market fundamentals, DVB Bank said that dry bulk cargo demand is forecast to rise to approximately 3.6 billio ...


Sunday, 01 July 12
AUSTRALIAS CARBON TAX - SUNIL K KUMBHAT
COALspot.com - Climate Change Climate change and global warming have now become buzzwords the world over. The disastrous consequences for global ...


Sunday, 01 July 12
DSP OF SGX ASIACLEAR OTC COAL SWAP'S THIS WEEKS MOVEMENTS SLIGHTLY POSITIVE
COALspot.com - SGX AsiaClear OTC Coal Swaps have recovered slightly this week and Q4 deliveries are also showing positive direction. SGX’s ...


   933 934 935 936 937   
Showing 4671 to 4675 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 ...

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