The Adaro Blog

Russia Props Up Ukraine Rebels With Coal Sales From War Zone
September 29, 2017, 5:01 pm
Russia is helping Ukrainian rebels sell coal on international markets to raise much-needed cash for pensions and social needs, evading a blockade imposed by the government in Kiev as efforts to implement a peace deal remain stalled. The separatists are sending nearly 1 million tons of coal per...
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China's Shandong province to ban coal shipments by diesel trucks from ports
September 25, 2017, 4:37 pm
BEIJING (Reuters) - China’s eastern province of Shandong will ban the use of diesel trucks to transport coal from ports around the Bohai Sea starting on Oct. 1, according to a report by state news agency Xinhua on Monday, citing a statement from local authorities. Companies operating ports...
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US coal output continues slip: EIA
September 21, 2017, 4:51 pm
Houston (Platts)--21 Sep 2017 612 pm EDT/2212 GMT   US coal production slipped for the fourth consecutive week in the week ending September 16, but at 15.5 million st it was still 7.2% higher than in the same week of 2016, Energy Information Administration data showed...
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UPDATE 1-France's Engie gets two bids for coal-fired power plant in Australia -sources
September 15, 2017, 4:42 pm
* Sale to be decided before year-end - Engie * Energy market uncertainty clouds power plant valuation * Analyst estimates range between $300 mln and $1 bln (Adds banker, Prime Minister comments) By Sonali Paul and Paulina Duran MELBOURNE/SYDNEY, Sept 15 (Reuters) - France’s Engie...
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Indonesian coal miner shares tumble on possible new pricing rules
September 13, 2017, 3:56 pm
JAKARTA, Sept 13 (Reuters) - Share prices of some of Indonesia’s biggest coal miners plunged on Wednesday after the country’s mining minister said he would be open to revising domestic coal pricing rules. PT Bukit Asam Tbk was worst hit, tumbling 17 percent to close at 10,075 rupiah...
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India needs to find allies to tap cheap funds for clean coal: trade body
September 7, 2017, 4:39 pm
NEW DELHI (Reuters) - India needs to partner with other countries to tap cheaper funds for cleaner coal technologies as the South Asian nation is expected to use the fuel to produce over half of its power in the next two decades, the World Coal Association chief said on Thursday. India, the...
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BHP upbeat on ore, coal price outlook
September 4, 2017, 4:49 pm
BHP Billiton says prices of the nation’s two biggest exports — iron ore and coking coal — are expected to remain strong until at least the end of the year, in one of the more upbeat assessments of global commodities demand from a big miner in years. In its economic outlook,...
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Engagement by three coal companies staves off Calpers divestment
August 9, 2017, 3:50 pm
Californian pension fund divested from most thermal coal holdings following law change Three coal companies have avoided divestment from Calpers by convincing the US pension fund they planned to make significant changes to their business models. This week Calpers announced it had divested...
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Peabody Mine Survival May Rest on Navajo Coal Gasification Plan
August 7, 2017, 4:33 pm
By Stephen Lee The biggest coal-fired generating station west of the Mississippi could be replaced by a coal gasification plant, raising concerns among environmentalists as well as questions from financial analysts about the economic costs and risks. The tribe “has considered the...
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China's Shenhua suspends two coal mines, Mongolia set to benefit
August 4, 2017, 4:31 pm
ULAANBAATAR, Aug 4 (Reuters) - China Shenhua Energy Co. Ltd has suspended operations at two large open-pit coal mines in northern China, it said late on Thursday, a move that could benefit producers across the border in Mongolia. Shenhua Energy, the listed unit of the state-owned Shenhua Group,...
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