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

Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated ...


Saturday, 25 February 23
INDONESIA IS STILL BY FAR THE TOP SUPPLIER OF COAL TO CHINA - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, said ban ...


Wednesday, 22 February 23
MARKET INSIGHT - INTERMODAL
The short-term outlook of the global soybean market is currently pivoted by a combination of weather patterns that are affecting the harvest progre ...


Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially add ...


Saturday, 18 February 23
CHINA'S COAL PRICES FALL TO 1 YR-LOW, CLOUDING DEMAND AND IMPORT OUTLOOK - REUTERS
China’s thermal coal prices hit their lowest levels in a year this week on rising inventories as domestic mine production is recovering faste ...


   26 27 28 29 30   
Showing 136 to 140 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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