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

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. ...


   180 181 182 183 184   
Showing 906 to 910 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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