The Adaro Blog

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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Poland plans new coal mines despite EU's call for carbon neutrality
September 25, 2019, 7:52 pm
JASTRZEBIE ZDROJ, Poland (Reuters) - Poland’s ruling Law and Justice (PiS) party plans to introduce legislation that will allow the government to open new coal mines without the approval of local authorities, its energy minister said on Wednesday. PiS wants to build new mines as it expects...
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S Africa coal price must surge 20% to spur exports
September 23, 2019, 7:33 pm
South African thermal coal exports via the Richards Bay export hub will continue to languish at around 73m tonnes/year unless benchmark export prices rise at least 20% from current levels, the CEO of miner Canyon Coal said. Shipments from Richards Bay Coal Terminal (RBCT) – which account...
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China’s Energy Game Plan Features a Giant Coal-Hauling Rail Line
September 20, 2019, 7:18 pm
There’s nothing quite like a massive coal rail to demonstrate China’s loyalty to the dirtiest of fossil fuels. Almost a decade in the making, the nearly $30 billion Haoji Railway will start around the end of this month and eventually haul as much as 200 million tons from key...
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Coal, a reliable and cheap energy source – Canyon Coal
September 19, 2019, 5:55 pm
South Africa must turn its coal resource endowment into revenue, jobs and broader economic development, Canyon Coal Executive Chairperson Vuslat Bayoglu has said. Speaking at a Coaltrans Southern Africa Conference in Sandton, Bayoglu said with 118 years of coal resources left, which translates...
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