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
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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 24 August 20
A COMBINATION OF DEVELOPMENTS DROVE THE FALLOFF COAL PRICES - CHIEF ECONOMIST’ OFFICE, AUSTRALIA
China, rising domestic production combined with subdued power demand;  India, a lockdown coupled with government directives that fav ...


Monday, 24 August 20
AUSTRALIA'S THERMAL COAL EXPORTS ARE FORECAST TO DROP FROM AN ESTIMATED $20 BILLION IN 2019-20 TO $16 BILLION IN 2020-21: REPORT
Thermal coal spot prices have fallen sharply as the impact of COVID-19 drives a contraction in seaborne trade for only the second time this century ...


Saturday, 22 August 20
REPORT SEES INDIA’S RELIANCE ON THERMAL POWER DROPPING TO 50% IN 2021, 43% IN 2026 - ET ENERGY | IEEFA
India’s dependence on thermal power will reduce to 50 per cent by 2021-22 and 43 per cent by 2026-27 on the back of renewable energy (RE) cap ...


Friday, 21 August 20
323 MILLION ELECTRIC VEHICLES WILL BE ON THE ROADS BY 2040 - WOOD MACKENZIE
Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new ...


Friday, 21 August 20
BHP COMMITS TO SELLING ITS THERMAL COALMINES WITHIN TWO YEARS - THE GUARDIAN
Move follows pressure from investors but company stops short of full exit from coalmining   BHP has announced it plans to sell off its ...


   162 163 164 165 166   
Showing 816 to 820 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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