The Adaro Blog

Glencore completes Aussie coal deal
May 4, 2018, 6:17 pm
Glencore has wrapped up the purchase of a stake in a large Australian thermal mine Australia, underscoring its position as the world’s biggest exporter of the fossil fuel. The London-listed company on Friday said it had received the regulatory approvals needed to complete the acquisition...
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Two U.S. coal miners see growth amid sector's gloom
May 2, 2018, 6:30 pm
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry. But not every U.S. coal company sees a bleak future. Ramaco...
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Indonesian coal miners report healthy Q1 average selling price amid China demand
April 30, 2018, 11:00 am
Indonesian coal miners reported higher average selling prices in the first quarter of 2018, supported by strong Chinese demand and weather-related supply disruptions. Rains have been impacting production at various producing regions in Indonesia over the past few quarters. However, miners were...
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Strong Asian demand continues to hold up thermal coal markets
April 27, 2018, 11:11 am
LONDON/SINGAPORE (Reuters) - Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year. Benchmark Australian thermal coal...
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UK runs without coal power for three days in a row
April 24, 2018, 11:20 am
The UK has been powered without coal for three days in a row, setting a new record and underlining the polluting fuel’s rapid decline. Coal has historically been at the cornerstone of the UK’s electricity mix, but last year saw the first 24-hour period that the the country ran...
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Coal use will drastically decline in the next 30 years, the World Bank predicts
April 2, 2018, 11:25 am
The world's reliance on energy sources like oil and coal, some of the main culprits behind pollution, is dwindling, according to the World Bank. "The model has been coal plus renewables, the model can be gas plus renewables. I think 10, 12 years from now, we will see renewables and...
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CORRECTED-China's 2017 coal consumption rose after three-year decline, clean energy portion up
February 28, 2018, 5:02 pm
BEIJING, Feb 28 (Reuters) - China’s coal consumption last year picked up for the first time since 2013, the National Bureau of Statistics said on Wednesday, despite Beijing’s push to promote less-polluting energy sources. The world’s biggest coal consumer used 0.4 percent more...
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China's January coal imports from Australia surge as blizzard hits
February 26, 2018, 6:44 pm
BEIJING (Reuters) - China’s coal imports from key supplier Australia surged in January from a year ago, customs data showed on Saturday, boosted by strong demand at utilities amid freezing weather.   The world’s top coal consumer brought in 7.94 million tonnes of coal from...
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Japan task force echoes foreign minister calls to back renewables over coal, nuclear
February 21, 2018, 6:50 pm
TOKYO,: An energy task force advising Japan's foreign minister has proposed boosting renewable energy and shifting away from coal-fired and nuclear power at home, arguing the country's energy policies are outdated and undermine its global competitiveness.   The advice comes in a...
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Trump Administration Is Weighing Emergency Aid for Some Coal Plants
February 9, 2018, 6:54 pm
After failing to win a bailout for cash-strapped coal plants, some Trump administration officials are considering emergency orders that could keep at least some coal generators online, people familiar with the discussions said. The approach would require Rick Perry to use his authority as U.S....
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