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

Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...


Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...


Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...


Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...


Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...


   33 34 35 36 37   
Showing 171 to 175 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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