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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private.
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment.
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Wednesday, 25 November 20
CHINA KICKS AN OWN GOAL WITH AUSTRALIAN COAL - FORBES
China’s annoyance at Australia’s hardline stance on political interference and demands for an independent inquiry into the root cause o ...
Wednesday, 25 November 20
MINISTER - INDONESIA JAN-OCT COAL OUTPUT AT 459 MILLION TONNES - REUTERS
Indonesia coal output in the January to October period was 459 million tonnes, the country’s energy minister told parliament on Monday.
& ...
Wednesday, 25 November 20
INDIA: MORE STEPS NEEDED TO MAKE COMMERCIAL COAL MINING ATTRACTIVE TO GLOBAL PLAYERS - LIVEMINT
India concluded its first commercial coal mine auctions earlier this month. A total of 19 coal mines spread across Madhya Pradesh, Jharkhand, Odish ...
Wednesday, 25 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.38 PCT - XINHUA
China Taiyuan coal transaction price index stood at 129.21 points Monday, up 0.38 percent week on week.
The index, released by China ...
Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
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Showing 726 to 730 news of total 6871 |
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- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- PTC India Limited - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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