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

Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...


Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.   The ...


Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023   Oil prices came under some pressure yesterday with ICE Brent settling a litt ...


Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...


Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...


   16 17 18 19 20   
Showing 86 to 90 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 ...

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