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, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...


Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...


Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...


Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...


Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...


   23 24 25 26 27   
Showing 121 to 125 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 ...

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