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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, 14 August 17
IN A PARIS AGREEMENT WORLD, COAL WILL MEET GROWING ASIAN ENERGY NEEDS - BENJAMIN SPORTON
When providing 41% of the world’s electricity, 85% of global cement, 74% of the world’s steel and 60% of the world’s aluminum, co ...
Friday, 11 August 17
KOMIPO INVITES COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,280,000 Metric Tons of Bitumino ...
Friday, 11 August 17
U.S WEEKLY COAL OUTPUT ALMOST FLAT WEEK OVER WEEK, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...
Thursday, 10 August 17
GLOBAL COAL PRODUCTION FELL SIGNIFICANTLY IN 2016 - IEA
COALspot.com: Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in Wor ...
Thursday, 10 August 17
ANOTHER ACTIVE WEEK FOR THE PANAMAXES WITH INCREASING RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
Both basins have remained fairly flat, could say slightly to the negative. A quiet start of the week in the Pacific with holidays in Sin ...
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Showing 1971 to 1975 news of total 6871 |
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- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
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