The Adaro Blog

Coal Still Has Long Way To Run In China And India
September 16, 2016, 2:49 pm
Resource investors, take note: By 2025, just 10 years from now, energy consumption in Asia will increase a whopping 31 percent. A whole two-thirds of that demand, driven largely by China and India, will be for fossil fuels, most notably coal. That’s according to a new research piece by...
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Coal Prices Surge Higher, But Could Retreat Soon As Production Caps Are Lifted
September 16, 2016, 11:05 am
Coal has been the big commodity surprise since January, with high-grade steel-making material more than doubling in price, but it’s unlikely that the great coal rush of 2016 will last much longer. At $190 a ton, coking (or metallurgical) coal is back to a price last seen in 2012 with some...
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China Seen Investing Too Much in Power Plants That Burn Coal
September 14, 2016, 11:06 am
China may be investing too much in coal power, with construction of new plants accelerating at the same time that demand growth for electricity is slowing, the International Energy Agency said. The world’s biggest investor in fossil-fuel generation started more than 70 gigawatts of new...
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Miners to profit as coal prices hit four-year high
September 12, 2016, 11:06 am
The surge in coking coal prices to four-year highs has prompted analysts to upgrade earnings forecasts for some producers despite wariness about how long the upswing will last. The price of coking coal, used to make steel, has more than doubled this year, touching $US200 a tonne on Friday, amid...
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Coal Rises From Grave to Become One of Hottest Commodities
September 9, 2016, 11:08 am
For all the predictions about the death of coal, it’s now one of the hottest commodities in the world. The resurrection may have further to run. A surge in Chinese imports to compensate for lower domestic production has seen European prices jump to near an 18-month high, while...
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Indonesia can apply ‘clean’ coal technology to reduce emissions
September 7, 2016, 11:09 am
Indonesia has teamed up with the World Coal Association (WCA) consider to apply high efficiency, low emissions (HELE) ‘clean’ coal technologies, developed to increase the efficiency of coal-fired power plants and maintain international commitments to mitigate climate change...
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Coal India pushes into solar
September 5, 2016, 11:10 am
Coal India is diversifying its core business through a plan to install 600 megawatts of solar power in four states. The announcement, published on Sunday by Economic Times, is part of an agreement with the Solar Energy Corporation of India (SECI) to build 1,000 megawatts of solar capacity...
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The Challenge of Cutting Coal Dependence
August 31, 2016, 11:11 am
It won’t be easy to get rid of coal. Worried the nation might miss its 2020 target to drastically cut emissions of carbon dioxide, the German government proposed a steep levy last year on the most heavily polluting generators. The tax was intended to deliver a decisive blow against lignite...
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China’s Inner Mongolia cuts coal output by 10 pct in Jan-July
August 29, 2016, 11:14 am
BEIJING: Inner Mongolia, China’s biggest coal producing region, cut its output of the commodity by just over 10 percent in the first seven months of the year as part of its efforts to close 3.3 million tonnes of capacity this year. By the end of August, the region had shut seven coal...
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Chinese July thermal coal imports jump 31% on year to 19-month high
August 26, 2016, 11:15 am
China imported 9.31 million mt of thermal coal in July, rising 30.7% year on year and up 23.5% from June to the highest level since December 2014, according to data released by the General Administration of Customs Wednesday. The volume included 7.23 million mt of bituminous material —...
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