The Adaro Blog

China's Sept coal imports slip 8.1% from previous month
October 14, 2019, 7:55 pm
BEIJING, Oct 14 (Reuters) - China’s coal imports in September dropped 8.1% from a month earlier, as traders held up purchases amid an increase in domestic supply and slowing demand for the fuel from power generation companies. Arrivals of coal, including thermal and coking coal, last month...
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Australian state water utility objects to South 32 coal mine extension
October 11, 2019, 7:45 pm
MELBOURNE (Reuters) - Australia’s New South Wales water authority has lodged a strong objection to a planned extension of the life of a coal mine operated by South 32 because of its predicted impact on water resources that support Sydney. The Dendrobium metallurgical coal mine is part of...
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India imports more coking coal through state ports
October 9, 2019, 6:48 pm
Indian coking coal imports moving through 12 key state-controlled ports totalled 29.3mn t in the first six months of the 2019-20 fiscal year starting 1 April, an increase of 15pc from a year earlier despite weakness in the steel sector. Coking coal imports are on track to slightly overtake total...
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US coal production forecast to decline 17% in Q4: EIA
October 8, 2019, 6:52 pm
Houston — The US Energy Information Administration is forecasting a 17% decline in fourth-quarter coal production from the year-ago period, according to the agency's monthly Short-Term Energy Outlook. The report, issued Tuesday, forecasts total US coal production to sink to 159 million...
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Coal contracts in limbo
October 4, 2019, 6:23 pm
Only an inept government would allow the legal status of an industry that is vital to national power generation and contributes significantly to tax revenue to remain in limbo.But imbroglio is truly the biggest problem that seven major coal mining companies are now facing after deliberations on the...
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South Africa Wants Coal Price Cuts to Avert Economic Crash
October 3, 2019, 6:51 pm
South Africa is pushing coal producers to cut prices to help save Eskom Holdings SOC Ltd., the indebted power utility that threatens to unravel the country’s finances. “At these prices of electricity, this economy is going to collapse,” Mineral and Energy Resources Minister...
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Analysis: Dutch coal generation plunges this summer as gas doubles on year
October 2, 2019, 6:47 pm
London — Dutch coal-fired generation fell to negligible levels over the summer as gas-fired output doubles on year, data analyzed by S&P Global Platts showed Wednesday. Coal plant output averaged 0.5 GW in September, with gas generation at 3.6 GW. "Coal-fired generation has...
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China aims to shut 8.7 GW of coal power by year-end - regulator
September 30, 2019, 7:09 pm
SHANGHAI (Reuters) - China will aim to shut a total of 8.66 gigawatts (GW) of obsolete coal-fired power capacity by the end of this year, its energy regulator said, part of its efforts to curb smog and greenhouse gas emissions. The National Energy Administration didn’t say how much of the...
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China's new coal-electricity price mechanism to impact domestic thermal coal price: sources
September 27, 2019, 7:30 pm
Singapore — China has announced that it will remove the coal-electricity price linkage mechanism starting January 1, a move that would be likely to further dampen domestic thermal coal prices, market sources said Friday. According to a State Council statement released Thursday, China will...
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China coking coal posts steepest weekly fall in nearly 11 months on demand worries
September 27, 2019, 7:22 pm
MANILA (Reuters) - Chinese coking coal futures slipped on Friday and logged their biggest weekly loss since November 2018, as slowing economic growth and a bruising U.S.-China trade war clouded demand outlook for the steelmaking raw material. Trading volumes were thin, however, in China’s...
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