The Adaro Blog

The Feel-Good Folly of Fossil-Fuel Divestment
February 9, 2015, 10:35 am
The only ones to suffer will be colleges that earn less money for research, services and student scholarships. Global Divestment Day will kick off on Friday. In the run-up to this two-day event, college administrators are coming under increasing pressure to accede to climate activists’...
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US coal mines most at risk as Australia, Indonesia capture market share
February 6, 2015, 10:36 am
http://www.miningweekly.com/article/us-coal-mines-most-at-risk-as-australia-indonesia-capture-market-share-2015-02-09   TORONTO (miningweekly.com) – US coal mines are most at risk as Australian and Indonesian coal suppliers see some upside in the difficult months ahead as they...
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China, S Korea increase coal offtake from Australia’s Newcastle in Jan: PWCS
February 4, 2015, 10:37 am
Perth (Platts)–2Feb2015/558 am EST/1058 GMT Australia’s Port Waratah Coal Services terminals increased their shipments of thermal and coking coal exports to China and South Korea in January, but exports to Japan fell in the same month, the company said in a report Monday. The PWCS...
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detikcom: Proyek PLTU Batang Rp 40 T Jalan Terus
February 2, 2015, 10:38 am
Pemerintah menegaskan bakal terus melanjutkan pembangunan mega proyek Pembangkit Listrik Tenaga Uap (PLTU) Batang, Jawa Tengah 2 x 1.000 megawatt (MW), yang menelan biaya sekitar Rp 40 triliun. Kendala yang kerap menghambat dalam pembangunan proyek pembangkit listrik adalah soal pembebasan...
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President Asks Citizens To Be Optimistic About Indonesia`s Economic Growth
February 2, 2015, 10:33 am
Link: http://www.antaranews.com/en/news/97724/president-asks-citizens-to-be-optimistic-about-indonesias-economic-growth Manila (ANTARA News) – President Joko “Jokowi” Widodo has called on his countrymen to be optimistic about the nations economic condition in 2015 and for the...
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China 2014 coal output seen down 2.5 pct, first drop in a decade
January 31, 2015, 10:39 am
Jan 29 (Reuters) – China‘s coal production is estimated to have fallen 2.5 percent in 2014, the first annual drop in more than a decade, hit by a war on pollution and government efforts to tackle a supply glut as demand from industry and the power sector weakens. The forecast by the...
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Global met coal demand to outpace supply for first time since 2011: Peabody
January 29, 2015, 10:40 am
Singapore (Platts)–28Jan2015/306 am EST/806 GMT US coal miner Peabody Energy expects global metallurgical coal demand growth to outstrip supply gains this year for the first time since 2011, on rising Asian consumption. Met coal sales from Peabody’s Australian mines rose 10.7%...
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Indonesia Needs Private Funding for 70% of Infrastructure Works
January 23, 2015, 10:41 am
(Bloomberg) — Indonesia’s government said it can only directly fund 30 percent of its infrastructure program for the next five years, and is relying on state-owned enterprises and private investors for the rest. The government will focus on building transport infrastructure outside...
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Investor Bind: How Low Can Oil Go?
January 19, 2015, 10:42 am
The collapse in the oil market has been very good for Anuraag Shah. His hedge fund, Tusker Capital LLC, last spring made a bet that oil prices would fall and has since reaped big profits from their nearly 60% decline. But last Tuesday, Mr. Shah decided he had seen enough. He cashed out all of...
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IMF downgrades global growth forecast
January 16, 2015, 10:43 am
The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next. The IMF now expects growth of 3.5% this year, compared with the previous estimate of 3.8% which it made in October. The growth forecast for 2016 has also been cut, to 3.7%. The...
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