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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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- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
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