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

Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target. According to Irwan Budiarto analyst at Bahana Securities, US ...


Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts. The API 5 index represents 5,50 ...


Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points. The Cape index also was down by 5.78 pct closing a ...


Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...


Friday, 08 June 12
MINISTER DENIES COAL EXPORT TAX PLAN, ENDORSES RESTRICTIONS - THE JAKARTA POST
The Jakarta post, one of the leading english news paper in Indonesia reported that, Energy and Mineral Resources Minister Jero Wacik has denied that ...


   938 939 940 941 942   
Showing 4696 to 4700 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 ...

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