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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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Sunday, 03 July 22
CHINESE VICE PREMIER STRESSES CLEAN, EFFICIENT USE OF COAL - XINHUA
Chinese Vice Premier Han Zheng has stressed efforts to promote the clean and efficient use of coal, and pursue green, low-carbon and high-quality d ...
Sunday, 03 July 22
SOVEREIGN SECTOR OUTLOOK REVISED TO NEUTRAL ON UKRAINE WAR IMPACT - FITCH RATINGS
The deterioration in global sovereign credit conditions this year relative to our expectations at end-2021 has caused Fitch Ratings to change its g ...
Saturday, 02 July 22
GLOBAL SEABORNE COAL EXPORTS IN 2021 INCREASED BY 4.4% Y-O-Y TO 1147 MLN TONNES - BANCHERO COSTA
In the full 12 months of 2021, global seaborne coal exports increased by +4.4% y-o-y to 1147 mln tonnes, from 1099 mln tonnes in 2020, according to ...
Friday, 01 July 22
INDIA'S TOP CEMENT MAKER PAYING FOR RUSSIAN COAL IN CHINESE YUAN - REUTERS
India’s biggest cement producer, UltraTech Cement ULTC.NS, is importing a cargo of Russian coal and paying using Chinese yuan, according to a ...
Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
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Showing 306 to 310 news of total 6871 |
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- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- VISA Power Limited - India
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
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