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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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Monday, 12 March 18
DRY BULK MARKET: CAPESIZE MARKET FINDS ITS FOOTING - BALTIC BRIEFING
Capesize
Some relief for owners as the week closed out with the market finding a floor in the East. Rates on the key West Australia/China run loo ...
Monday, 12 March 18
COAL OUTPUT FROM PRIVATE MINERS UNLIKELY TO RISE IN MEDIUM TERM: ICRA
Coal output levels from private commercial miners are unlikely to go up considerably in the medium to short term, given the issues related to land ...
Saturday, 10 March 18
ENHANCED PRODUCTION BY COAL INDIA HELPS DECLINE IN COAL IMPORTS
As per the current import policy, coal is kept under Open General License (OGL) and consumers are free to import coal from the source of their choi ...
Saturday, 10 March 18
THE 'RENOS' - COURT OF APPEAL CLARIFIES CTL CALCULATION AND RIGHT OF ABANDONMENT - CLYDE & CO
KNOWLEDGE TO ELEVATE
In the matter of the “RENOS”, Mr Justice Knowles addressed a number of issues, at first instance, regarding t ...
Friday, 09 March 18
THE WORLD CANNOT KEEP IGNORING THE ASIAN COAL STORY - BENJAMIN SPORTON
There were significant changes in the global energy system in 2017, including the growth in electric vehicles, the rise of renewables and the conti ...
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Showing 1776 to 1780 news of total 6871 |
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- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- VISA Power Limited - India
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Economic Council, Georgia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
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