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Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
 Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itochu Corporation.
The agreement stipulates that Mechel is due to supply Itochu Corporation with up to 300,000 tonnes of washed steam coal produced at Southern Kuzbass Coal Company’s New-Olzherasskaya Mine. The price will be determined by mutual agreement without reference to any particular formula. Japan’s major cement and power facilities will be the end consumers of Mechel’s products.
“Our company highly appreciates the level of cooperation with our Japanese partners. Over the past two years, we shipped coal to Itochu Corporation on spot contracts, and signing a long-term agreement is a logical next step in our partnership. Today Japan’s market accounts for about 20% of Mechel’s coal exports, and we expect to increase this figure in the near future,” Mechel Mining Management Company OOO’s Chief Executive Officer Pavel Shtark commented.
About Mechel
Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.
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Thursday, 12 April 18
ALWAYS ACCESSIBLE
KNOWLEDGE TO ELEVATE
On 26 March 2018 Mr Justice Knowles determined that the berth warranty ‘always accessible’ must mean the vess ...
Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...
Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...
Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...
Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...
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- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
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