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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 November 16
DUNIA MAKMUR SUBSIDIARY BAGS MINING SERVICE CONTRACT WORTH $ 282.63 MILLION
PT Bukit Makmur Mandiri Utama (BUMA), has signed a life of mine contract with PT Tadjahan Antang Mineral (TAM) with a contract value of approximate ...
Monday, 14 November 16
THE CAPE INDEX ROSE 44.57 PER CENTS TO 2303 POINT WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose slightly and ending in a positive note this past wee ...
Friday, 11 November 16
INDONESIAN 4200 GAR COAL IS THE MOST ATTRACTIVE COAL IN TODAY'S MARKET - OPINION POLL
“ Which coal type of Indonesian origin do you find the most attractive in today's market?”
The on-line opinion poll conducted ...
Friday, 11 November 16
WEEKLY U.S. COAL OUTPUT FELL SLIGHTLY W/E NOVEMBER 5
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.9 million short ton ...
Thursday, 10 November 16
WILL TRUMP VICTORY PROVIDE A BOOST FOR HYDROCARBON & COAL INDUSTRIES? - DOUGLAS-WESTWOOD
Donald Trump’s surprise victory ends months of an adversarial presidential campaign with bitter disagreements between the two major candidate ...
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Showing 2216 to 2220 news of total 6871 |
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- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Minerals Council of Australia
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- The University of Queensland
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Planning Commission, India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
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