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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, 17 June 20
KOREA SOUTHERN POWER CO INVITED 80000 MT OF LOW CALORIFIC VALUE COAL FOR AUGUST 1H, 2020 LOADING
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) Min 4,200 kcal/kg - Max. ...
Tuesday, 16 June 20
A GLOBAL ECONOMIC SLUMP: WHAT WILL IT MEAN FOR METALS AND MINING? - WOOD MACKENZIE
Back before coronavirus knocked “normal” out cold, the key issues for miners were sub-investment prices, rising requirements for ESG an ...
Tuesday, 16 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.58 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.43 points Monday, up 0.58 percent week on week.
The index, released by China ...
Tuesday, 16 June 20
HIGHER IRON ORE PRICES OFFSET CORONAVIRUS-DRIVEN PRODUCTION RISK - FITCH RATINGS
Lower iron ore production in Brazil, resulting from rising coronavirus infections, should only marginally affect the cash flow of Vale and other gl ...
Tuesday, 16 June 20
SHALE SHOCKED - WOOD MACKENZIE
Capturing shut-ins in real time
Oil markets are searching for balance as the world reflects on the impact of the COVID-19 pandemic. ...
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Showing 906 to 910 news of total 6871 |
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- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Posco Energy - South Korea
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
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