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...
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.
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...
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...
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...
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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