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

Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...


Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...


Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced.  Owners are asking in excess of USD ...


Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...


Tuesday, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, the largest thermal power generati ...


   991 992 993 994 995   
Showing 4961 to 4965 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 ...

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