The Adaro Blog
More Chinese ports delaying Australian thermal coal imports: sources
March 20, 2019, 7:45 pm
Singapore — An increasing number of Chinese ports are holding up Australian coal shipments, with long delays now being reported at Fuzhou port in the southeastern Fujian province, Rizhao in Qingdao and Yingkou in Dalian, according to traders and end-users in China.
The delays indicate that...
Asia's coal addiction puts chokehold on its air-polluted cities
March 20, 2019, 7:42 pm
KUALA LUMPUR (Thomson Reuters Foundation) - Over the past year, the number of patients treated each day in the hospital unit where cardiologist Ade Imasanti Sapardan works in Indonesia’s capital has almost doubled to about 100.
Sapardan, who sees up to 150 people every week, cites...
Miners eye lucrative prospects in coking coal
March 19, 2019, 7:40 pm
Coal miners are looking to boost coking coal production in line with projected growth in the steel industry and the construction and manufacturing sectors, which require the substance as an energy source.
“We project that steel production will grow moderately this year in line with global...
Samin Tan: Kisah 'Raja' Coking Coal & Tak Jelasnya Nasib BORN
March 18, 2019, 6:30 pm
Jakarta, CNBC Indonesia - Nasib PT Borneo Lumbung Energi Tbk (BORN) semakin tak tentu. Pemegang saham sekaligus pemilik BORN Samin Tan sudah ditetapkan Komisi Pemberantasan Korupsi (KPK) sebagai tersangka kasus suap kepada mantan anggota DPR Eni Maulani Saragih.
Seperi dikutip dari detik.com,...
It's Hard Being a Sell-Side Coal Analyst, But M&A Might Help
March 15, 2019, 7:27 pm
It’s tough being a stock analyst covering U.S. coal companies these days. Just ask Jeremy Sussman.
The managing director at Clarksons Platou Securities Inc. offered up a snapshot of the challenges he faces covering an industry that struggles to attract investors amid competition from cheap...
BNP Paribas fund arm to exclude some coal and mining companies
March 14, 2019, 7:25 pm
(Reuters) - BNP Paribas Asset Management, the investment management arm of the French bank, is to stop investing in companies that obtain more than 10 percent of their revenue from thermal coal.
The exclusion of such companies producing thermal coal and generating electricity from coal was...
When Paying $1 for Coal Power Plant Is Still Paying Too Much
March 12, 2019, 6:56 pm
One dollar. That’s how much an aging New Mexico coal plant is worth. And by some estimates, even that may be too much.
Acme Equities LLC, a New York-based holding company, is in talks to buy the 847-megawatt San Juan Generating Station for $1, after four of its five owners decided to shut...
Asia Minute: More Coal Fired Electricity for Australia?
March 8, 2019, 7:22 pm
One of the largest suppliers of electricity for the island of O‘ahu is a coal-fired power plant. While Hawai‘i is committed to reduce its use of fossil fuels in coming years, it’s a different story for another location in the Asia Pacific.
There’s a proposal to build a...
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