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, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...


Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...


Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...


Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...


Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...


   20 21 22 23 24   
Showing 106 to 110 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 ...

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