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Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
 Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itochu Corporation.
The agreement stipulates that Mechel is due to supply Itochu Corporation with up to 300,000 tonnes of washed steam coal produced at Southern Kuzbass Coal Company’s New-Olzherasskaya Mine. The price will be determined by mutual agreement without reference to any particular formula. Japan’s major cement and power facilities will be the end consumers of Mechel’s products.
“Our company highly appreciates the level of cooperation with our Japanese partners. Over the past two years, we shipped coal to Itochu Corporation on spot contracts, and signing a long-term agreement is a logical next step in our partnership. Today Japan’s market accounts for about 20% of Mechel’s coal exports, and we expect to increase this figure in the near future,” Mechel Mining Management Company OOO’s Chief Executive Officer Pavel Shtark commented.
About Mechel
Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.
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Thursday, 19 December 19
COAL POWER GENERATION CONTINUES TO DECLINE IN GERMANY: DESTATIS, XINHUA REPORTED
The volume of electricity generated in coal-fired power plants in Germany decreased “markedly” by 37 percent to 34 billion kilowatt-hou ...
Thursday, 19 December 19
BANGLADESH'S NBR CUTS VAT ON COAL IMPORT FOR POWER PLANTS - THE DAILY STAR
The National Board of Revenue (NBR) reduced value added tax on the import of coal for power plants to 5 percent from present 15 percent for five ye ...
Wednesday, 18 December 19
AVERAGE PRICES OF COAL IN 2018 WERE MORE THAN 60% HIGHER THAN IN 2016 - IEA
Coal use grew again in 2018.
Global coal demand increased by 1.1%, continuing the rebound that began in 2017 after three years of decline ...
Wednesday, 18 December 19
ASIA IS SET TO SUPPORT GLOBAL COAL DEMAND FOR THE NEXT FIVE YEARS - IEA
Press Release: Global coal demand is expected to decline in 2019 but remain broadly stable over the next five years, supported by robust growth in ...
Wednesday, 18 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to have a massive impact ...
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- Riau Bara Harum - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
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