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, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...


Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories. Insi ...


Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy The Atlantic Supramax market experienced a steady and firm tendency this week.  Especially the North Atlantic and Mediterranean position ...


Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...


Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...


   993 994 995 996 997   
Showing 4971 to 4975 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 ...

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