COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Russian Coal LLC
  • Interocean Group of Companies - India
  • Formosa Plastics Group - Taiwan
  • Cardiff University - UK
  • Kalimantan Lumbung Energi - Indonesia
  • Gupta Coal India Ltd
  • Deloitte Consulting - India
  • Straits Asia Resources Limited - Singapore
  • Global Business Power Corporation, Philippines
  • APGENCO India
  • WorleyParsons
  • KOWEPO - South Korea
  • Eastern Coal Council - USA
  • Videocon Industries ltd - India
  • Standard Chartered Bank - UAE
  • Barasentosa Lestari - Indonesia
  • Adaro Indonesia
  • Directorate Of Revenue Intelligence - India
  • Madhucon Powers Ltd - India
  • Mitsubishi Corporation
  • Tamil Nadu electricity Board
  • AsiaOL BioFuels Corp., Philippines
  • Credit Suisse - India
  • SUEK AG - Indonesia
  • Siam City Cement - Thailand
  • Karaikal Port Pvt Ltd - India
  • GNFC Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Grasim Industreis Ltd - India
  • Port Waratah Coal Services - Australia
  • The India Cements Ltd
  • Platou - Singapore
  • Energy Development Corp, Philippines
  • JPMorgan - India
  • Coal and Oil Company - UAE
  • Rudhra Energy - India
  • Petrosea - Indonesia
  • Energy Link Ltd, New Zealand
  • Thiess Contractors Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • ICICI Bank Limited - India
  • ANZ Bank - Australia
  • Thailand Anthracite
  • Peabody Energy - USA
  • Iligan Light & Power Inc, Philippines
  • Cargill India Pvt Ltd
  • Geoservices-GeoAssay Lab
  • Cemex - Philippines
  • Qatrana Cement - Jordan
  • Pendopo Energi Batubara - Indonesia
  • Orica Australia Pty. Ltd.
  • Coeclerici Indonesia
  • Indogreen Group - Indonesia
  • Shree Cement - India
  • Malco - India
  • The Treasury - Australian Government
  • Minerals Council of Australia
  • Enel Italy
  • Africa Commodities Group - South Africa
  • Altura Mining Limited, Indonesia
  • Ministry of Mines - Canada
  • Simpson Spence & Young - Indonesia
  • Carbofer General Trading SA - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Sarangani Energy Corporation, Philippines
  • OCBC - Singapore
  • Cebu Energy, Philippines
  • Makarim & Taira - Indonesia
  • SRK Consulting
  • Permata Bank - Indonesia
  • Georgia Ports Authority, United States
  • PetroVietnam
  • Salva Resources Pvt Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Australian Commodity Traders Exchange
  • Orica Mining Services - Indonesia
  • Trasteel International SA, Italy
  • Agrawal Coal Company - India
  • SMG Consultants - Indonesia
  • Idemitsu - Japan
  • Glencore India Pvt. Ltd
  • VISA Power Limited - India
  • Maruti Cements - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Mitra SK Pvt Ltd - India
  • SGS (Thailand) Limited
  • Indian Oil Corporation Limited
  • Anglo American - United Kingdom
  • Jindal Steel & Power Ltd - India
  • Sucofindo - Indonesia
  • Parliament of New Zealand
  • Bukit Makmur.PT - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Samsung - South Korea
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Mechel - Russia
  • IMC Shipping - Singapore
  • Central Java Power - Indonesia
  • Argus Media - Singapore
  • PLN Batubara - Indonesia
  • White Energy Company Limited
  • Total Coal South Africa
  • European Bulk Services B.V. - Netherlands
  • Toyota Tsusho Corporation, Japan
  • Siam City Cement PLC, Thailand
  • Arutmin Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Leighton Contractors Pty Ltd - Australia
  • Heidelberg Cement - Germany
  • Kobe Steel Ltd - Japan
  • Bharathi Cement Corporation - India
  • Sinarmas Energy and Mining - Indonesia
  • Metalloyd Limited - United Kingdom
  • Vale Mozambique
  • JPower - Japan
  • Noble Europe Ltd - UK
  • Baramulti Group, Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Xstrata Coal
  • Indo Tambangraya Megah - Indonesia
  • New Zealand Coal & Carbon
  • Miang Besar Coal Terminal - Indonesia
  • Bhatia International Limited - India
  • Binh Thuan Hamico - Vietnam
  • Sakthi Sugars Limited - India
  • Coal India Limited
  • Kepco SPC Power Corporation, Philippines
  • Kumho Petrochemical, South Korea
  • Platts
  • Panama Canal Authority
  • Indorama - Singapore
  • Arch Coal - USA
  • Kobexindo Tractors - Indoneisa
  • Asian Development Bank
  • CNBM International Corporation - China
  • Marubeni Corporation - India
  • Cigading International Bulk Terminal - Indonesia
  • San Jose City I Power Corp, Philippines
  • Global Green Power PLC Corporation, Philippines
  • Bank of China, Malaysia
  • Power Finance Corporation Ltd., India
  • Commonwealth Bank - Australia
  • CIMB Investment Bank - Malaysia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Gujarat Mineral Development Corp Ltd - India
  • BRS Brokers - Singapore
  • Thermax Limited - India
  • KPMG - USA
  • Kaltim Prima Coal - Indonesia
  • J M Baxi & Co - India
  • Attock Cement Pakistan Limited
  • Rashtriya Ispat Nigam Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Wood Mackenzie - Singapore
  • GHCL Limited - India
  • Therma Luzon, Inc, Philippines
  • Aboitiz Power Corporation - Philippines
  • Coalindo Energy - Indonesia
  • Meralco Power Generation, Philippines
  • Global Coal Blending Company Limited - Australia
  • UBS Singapore
  • Adani Power Ltd - India
  • McConnell Dowell - Australia
  • PowerSource Philippines DevCo
  • Maersk Broker
  • Ernst & Young Pvt. Ltd.
  • Ministry of Transport, Egypt
  • Mintek Dendrill Indonesia
  • IEA Clean Coal Centre - UK
  • South Luzon Thermal Energy Corporation
  • IOL Indonesia
  • Infraline Energy - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Thomson Reuters GRC
  • TNB Fuel Sdn Bhd - Malaysia
  • Romanian Commodities Exchange
  • Indika Energy - Indonesia
  • CCIC - Indonesia
  • India Bulls Power Limited - India
  • Economic Council, Georgia
  • Electricity Generating Authority of Thailand
  • Ceylon Electricity Board - Sri Lanka
  • Petrochimia International Co. Ltd.- Taiwan
  • Indonesian Coal Mining Association
  • Manunggal Multi Energi - Indonesia
  • Edison Trading Spa - Italy
  • Sojitz Corporation - Japan
  • Antam Resourcindo - Indonesia
  • Lanco Infratech Ltd - India
  • Maybank - Singapore
  • EMO - The Netherlands
  • Ambuja Cements Ltd - India
  • TNPL - India
  • Freeport Indonesia
  • GVK Power & Infra Limited - India
  • GMR Energy Limited - India
  • Larsen & Toubro Limited - India
  • BNP Paribas - Singapore
  • Bulk Trading Sa - Switzerland
  • Gresik Semen - Indonesia
  • Petron Corporation, Philippines
  • NALCO India
  • Inco-Indonesia
  • Humpuss - Indonesia
  • Asia Cement - Taiwan
  • Renaissance Capital - South Africa
  • CoalTek, United States
  • Tanito Harum - Indonesia
  • Wilmar Investment Holdings
  • Thriveni
  • Bukit Asam (Persero) Tbk - Indonesia
  • Star Paper Mills Limited - India
  • NTPC Limited - India
  • Core Mineral Indonesia
  • Planning Commission, India
  • Semirara Mining Corp, Philippines
  • Xindia Steels Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Bangkok Bank PCL
  • Cosco
  • SASOL - South Africa
  • Goldman Sachs - Singapore
  • globalCOAL - UK
  • Asmin Koalindo Tuhup - Indonesia
  • Coal Orbis AG
  • MEC Coal - Indonesia
  • Vedanta Resources Plc - India
  • Alfred C Toepfer International GmbH - Germany
  • Holcim Trading Pte Ltd - Singapore
  • Samtan Co., Ltd - South Korea
  • Bahari Cakrawala Sebuku - Indonesia
  • Thai Mozambique Logistica
  • GAC Shipping (India) Pvt Ltd
  • Japan Coal Energy Center
  • Lafarge - France
  • KPCL - India
  • IHS Mccloskey Coal Group - USA
  • Maheswari Brothers Coal Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Australian Coal Association
  • TeaM Sual Corporation - Philippines
  • HSBC - Hong Kong
  • Mercator Lines Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Berau Coal - Indonesia
  • ETA - Dubai
  • Cement Manufacturers Association - India
  • Eastern Energy - Thailand
  • Malabar Cements Ltd - India
  • Essar Steel Hazira Ltd - India
  • Jatenergy - Australia
  • Merrill Lynch Commodities Europe
  • Riau Bara Harum - Indonesia
  • Electricity Authority, New Zealand
  • Neyveli Lignite Corporation Ltd, - India
  • PTC India Limited - India
  • McKinsey & Co - India
  • Gujarat Electricity Regulatory Commission - India
  • Uttam Galva Steels Limited - India
  • Coastal Gujarat Power Limited - India
  • DBS Bank - Singapore
  • KEPCO - South Korea
  • Bayan Resources Tbk. - Indonesia
  • IBC Asia (S) Pte Ltd
  • Indian School of Mines
  • Reliance Power - India
  • Mercuria Energy - Indonesia
  • Savvy Resources Ltd - HongKong
  • Bank of America
  • MS Steel International - UAE
  • ACC Limited - India
  • PNOC Exploration Corporation - Philippines
  • Sindya Power Generating Company Private Ltd
  • Bhoruka Overseas - Indonesia
  • Singapore Mercantile Exchange
  • UOB Asia (HK) Ltd
  • GN Power Mariveles Coal Plant, Philippines
  • Surastha Cement
  • Chamber of Mines of South Africa
  • International Coal Ventures Pvt Ltd - India
  • Banpu Public Company Limited - Thailand
  • Borneo Indobara - Indonesia
  • Deutsche Bank - India
  • Kohat Cement Company Ltd. - Pakistan
  • Chettinad Cement Corporation Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Central Electricity Authority - India
  • bp singapore
  • The University of Queensland
  • U S Energy Resources
  • EIA - United States
  • Britmindo - Indonesia
  • The State Trading Corporation of India Ltd
  • Gujarat Sidhee Cement - India
  • Tata Chemicals Ltd - India
  • Mitsui
  • Aditya Birla Group - India
  • GB Group - China
  • SN Aboitiz Power Inc, Philippines
  • Rio Tinto Coal - Australia
  • London Commodity Brokers - England
  • Parry Sugars Refinery, India
  • Sical Logistics Limited - India
  • Sree Jayajothi Cements Limited - India
  • Indonesia Power. PT
  • World Bank
  • TANGEDCO India
  • Mjunction Services Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Bukit Baiduri Energy - Indonesia
  • Runge Indonesia
  • TGV SRAAC LIMITED, India
  • Globalindo Alam Lestari - Indonesia
  • Coaltrans Conferences
  • Posco Energy - South Korea
  • Moodys - Singapore
  • Barclays Capital - USA
  • Tata Power - India
  • Ince & co LLP
  • Merrill Lynch Bank
  • Fearnleys - India
  • Vizag Seaport Private Limited - India
  • Clarksons - UK
  • CESC Limited - India
  • ASAPP Information Group - India
  • Ministry of Finance - Indonesia
  • Bangladesh Power Developement Board
  • Ind-Barath Power Infra Limited - India
  • RBS Sempra - UK
  • Directorate General of MIneral and Coal - Indonesia
  • Pinang Coal Indonesia
  • Dalmia Cement Bharat India
  • Oldendorff Carriers - Singapore
  • ING Bank NV - Singapore
  • Medco Energi Mining Internasional
  • Shenhua Group - China
  • Jaiprakash Power Ventures ltd
  • Independent Power Producers Association of India
  • Jorong Barutama Greston.PT - Indonesia
  • SMC Global Power, Philippines
  • Inspectorate - India
  • Latin American Coal - Colombia
  • Vitol - Bahrain
  • Timah Investasi Mineral - Indoneisa
  • PLN - Indonesia
  • TRAFIGURA, South Korea
  • World Coal - UK
  • Intertek Mineral Services - Indonesia
  • Bhushan Steel Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Price Waterhouse Coopers - Russia
  • Indian Energy Exchange, India