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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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Tuesday, 19 February 19
FAST DEPLETING COAL RESERVES COULD PUSH UP ENERGY PRICES, CAUTIONS EXPERT - THE HINDU BUSINESS LINE
The fast depletion of coal, a strategic resource and India’s fuel of choice currently, has huge implications for energy costs, according to K ...
Monday, 18 February 19
INDIA'S COAL IMPORT FALLS TO 17.25 MT IN JANUARY - PTI
Coal imports saw a decline in January FY 2019 to 17.25 MT from 19.59 MT in the same month of the previous fiscal, according to a report by mjunctio ...
Monday, 18 February 19
THE ROLE OF COAL IN INDIA'S ENERGY AMBITIONS - WCA
India is the world’s second most populous country and figures among the world’s most rapidly growing economies.
The Sout ...
Saturday, 16 February 19
COALTRANS CHINA 2019, CHINA'S LARGEST COAL INDUSTRY GATHERING
Press Release: Coaltrans China 2019 | With the import ban likely to be lifted, it’s time for you to meet your potentia ...
Wednesday, 13 February 19
MALAYSIA WAS THE REGION'S LARGEST COAL IMPORTER WITH 34 MT IN 2018, UP 25% Y-O-Y
Although coal market in 2018 started with strong prices, starting in the beginning of the second half of 2018, the international spot prices for co ...
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- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Economic Council, Georgia
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Dalmia Cement Bharat India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
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