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, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...


Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...


Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...


Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...


Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...


   26 27 28 29 30   
Showing 136 to 140 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 ...

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