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, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...


Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of  4500 - 5500 kcal/kg sub-bituminous Coal. Bharat Oman Refineries Ltd ...


Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up. The BDI was up by only about 2.86 pct closing at 1835 point ...


Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...


Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012. Director of the Jakarta Futures Exchange (BBJ) S ...


   995 996 997 998 999   
Showing 4981 to 4985 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 ...

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