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

Wednesday, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...


Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...


Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...


Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...


Monday, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...


   979 980 981 982 983   
Showing 4901 to 4905 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 ...

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