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, 17 March 12
THE FREIGHT RATES FOR INDONESIA TO INDIA REMAINED FIRM - VISTAAR SINGAPORE
COALspot.com - The market continued to be firm and all segments were up except for Cape Index which was down by 2.46 pct closing at 1,466 points. ...


Saturday, 17 March 12
INDIAN GOVT FINALIZES DRAFT BILL FOR COAL REGULATOR - PTI
The coal sector would soon get a regulator as the government has finalised a draft bill for the purpose, Coal Minister Sriprakash Jaiswal said Wedne ...


Friday, 16 March 12
THE PACIFIC MARKET IS FIRMING UP - FEARNLEYS AS
Handy A slightly positive trend was seen last week in the Atlantic. Skaw-Passero deliveries fixed around USD 3k to US Gulf, while US Gulf deliveres ...


Thursday, 15 March 12
RAINS AVERAGE SELLING PRICE OF COAL WENT UP BY 22 % IN 2011
COALspot.com - PT. Resource Alam Indonesia Tbk, an Indonesian CCoW (3rd Generation) holder reported Wednesday a 171 percent increase in net profits ...


Thursday, 15 March 12
RESOURCE ALAM FY11 PROFIT UP 171% - INSIDER STORIES
Insider Stories reported that, coal mining company PT Resource Alam Indonesia Tbk (KKGI) reported a 171.16% jump in net profit last year on the back ...


   959 960 961 962 963   
Showing 4801 to 4805 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 ...

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