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, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points. The cape index was up by 2.41 pct closing at 1,61 ...


Friday, 11 May 12
POLITICAL CHANGES COULD LEAD TO TEMPORARY HALT IN SHIPPING INVESTMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The potential of changes of political leadership in many of the world’s leading economies could very well lead to significant shifts in the di ...


Thursday, 10 May 12
DRY BULK ERRATIC ON LACK OF DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept up its erratic behavior as it went down again during yesterday’s session, on a lack of direct guidance in terms o ...


Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa P ...


Tuesday, 08 May 12
DRY BULK MARKET LOOKING FOR NEW DIRECTION THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) the main benchmark of the dry bulk shipping industry not traded at the start of this week, traders, charterers and s ...


   945 946 947 948 949   
Showing 4731 to 4735 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 ...

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