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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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Thursday, 20 August 20
MINER BHP CONFIRMS PLANS TO EXIT THERMAL COAL SECTOR - THE SYDNEY MORNING HERALD
The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some cokin ...
Thursday, 20 August 20
LONDON RETAINS ARBITER CROWN - BALTIC EXCHANGE | HFW
Fears that the UK’s decision to leave the European Union would dent the reputation of the nation’s capital as the leader in maritime ar ...
Wednesday, 19 August 20
U.S. COAL STOCKPILES STEADILY INCREASE AFTER REACHING LOWEST LEVEL IN A DECADE IN 2019 - EIA
After reaching their lowest level in more than a decade in March 2019, U.S. coal stockpiles steadily increased to 152 million tons in April 2020, r ...
Wednesday, 19 August 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.26 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.92 points Monday, down 0.26 percent week on week.
The index, released by Chi ...
Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
...
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- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- VISA Power Limited - India
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
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