The Adaro Blog
Thermal coal prices enter bear market territory
April 10, 2019, 7:54 pm
One worrying sign for the global economy: Thermal coal — burnt in power stations to generate electricity — has slumped into bear market territory, with benchmark prices around the world dropping to multiyear lows before recovering.
The downturn started in Europe where falling...
Tokyo Gas, Shell sign LNG deal linked to coal pricing in rare move
April 5, 2019, 7:28 pm
TOKYO/SINGAPORE (Reuters) - Japan’s Tokyo Gas said on Friday it has signed a deal with Royal Dutch Shell for the long-term supply of liquefied natural gas (LNG), partly using a coal-linked pricing formula in an unusual move for an Asian LNG buyer.
This is believed to be the first time a...
India approves new coal projects amid a shrinking global pool
March 29, 2019, 7:10 pm
India continues to endorse new coal-fired generation projects, beating a global trend of shrinking thermal projects as concerns mount on rising emissions and tightening of credit.
A report released jointly by Global Energy Monitor, Greenpeace India and the Sierra Club (US) shows the number of...
Japan to rule out coal-fired plants as international criticism rises
March 28, 2019, 7:07 pm
The Environment Ministry said that in principle it will not sanction construction of new large coal-fired power plants nor boilers to existing facilities in line with Japan's international pledges to tackle global warming.
Moves are spreading worldwide to shun facilities that burn fossil...
China boosts coal mining capacity despite climate pledges
March 26, 2019, 6:48 pm
BEIJING (Reuters) - China added 194 million tonnes of coal mining capacity in 2018, data from the energy bureau showed on Tuesday, despite vows to eliminate excess capacity in the sector and to reduce fossil fuel consumption.
Total coal mining capacity in the country was at 3.53 billion tonnes...
Global coal demand up 0.7% in 2018, largely due to Asia: IEA
March 26, 2019, 6:46 pm
London — Global coal demand totaled 3.778 billion tons of oil equivalent (Btoe) in 2018, up 0.7% on the year, bolstered largely by increased use in India and Southeast Asia, according to data released Tuesday by the International Energy Agency.
Coal rode the wave of increased demand from...
2019, Adaro Fokus Kembangkan Produk Coking Coal
March 25, 2019, 7:20 pm
REPUBLIKA.CO.ID, JAKARTA -- PT Adaro Energy pada tahun ini akan fokus melakukan peningkatan produksi batu bara kokas atau coking coal. Selain peningkatan produksi, Adaro juga akan membidik pasar pasar coking coal.
Presiden Direktur Adaro, Gharibaldi Tohir menjelaskan ekspansi pasar Adaro kepada...
Thailand's Feb coal imports slide 12% on year to 1.69 mil mt
March 22, 2019, 7:14 pm
Hanoi — Thailand imported 1.69 million mt of coal comprising mainly bituminous, anthracite and other coals in February, down 12.2% year on year, according to customs data released Thursday.
The value of the imports in the month was $107.2 million, 15.1% lower than $126.2 million in...
Coal miners on rampage
March 22, 2019, 7:11 pm
The government has again demonstrated how pathetic it has been in coping with the environmental problems caused by abandoned coal-mine pits, which have increasingly become death traps for children and polluted food crops with acidic water in Kalimantan.
Those huge black holes have even become an...
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