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Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
 Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for the year through March 2020, a source with direct knowledge of the matter said.
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14 percent lower than a price agreed for supplies for the year through September this year.
The agreement helps restore clarity to an opaque market after Glencore and Tohoku Electric abandoned the annual talks for April-March supplies last year.
The Australian miner later agreed on a price of $110 per tonne in August for some contracts with other Japanese thermal coal buyers for the April to March period.
Glencore has two annual benchmark supply contracts with Japanese utilities, typically negotiated by Tohoku Electric, one for April through March and the other for October through September that takes account for later market conditions.
With annual imports last year of slightly less than 114 million tonnes, Japan is one of the world’s biggest importers of thermal coal. Australia supplied a little over 70 percent of those imports in 2018.
A Tohoku spokesman declined to comment. Glencore could not immediately be contacted for comment.
Source: Reuters
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Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
Thursday, 25 March 21
'OMNIBUS LAW' REGULATION ON INDONESIA’S ENERGY AND MINING SECTORS TO BOOST COAL PROCESSING BUT ALSO RAISES QUESTIONS - ABNR
February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the ...
Thursday, 25 March 21
PROPOSED SWITCH FROM COAL TO LNG THREATENS RENEWABLE ENERGY DEVELOPMENT IN ASIA - IEEFA
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A ...
Thursday, 25 March 21
MAJOR INVESTMENT ADVISORS BLACKROCK AND MEKETA PROVIDE A FIDUCIARY PATH THROUGH THE ENERGY TRANSITION - IEEFA
BlackRock and Meketa say divestment from fossil fuels improves, not weakens, investment returns
Two major financial management firms ...
Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) ...
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- Bhatia International Limited - India
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- VISA Power Limited - India
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
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