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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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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Central Electricity Authority - India
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
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