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, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...


Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...


Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...


Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...


Sunday, 25 December 11
THERMAL COAL PRICES GAINED UP TO 4.32 PERCENT
COALspot.com - globalCOAL index gained 4.32 percent to US$106.36 per ton in RBCT, benchmark for South Asia and West Europe markets, for the week end ...


   981 982 983 984 985   
Showing 4911 to 4915 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 ...

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