The Adaro Blog
German Coal Consumption Continues To Crash
November 4, 2019, 6:57 pm
Lignite and bituminous coal produced 50 percent less energy than renewables in Germany during the first three quarters of 2019, a new report by the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and the German Association of Energy and Water Management (BDEW)...
World’s Biggest Coal User Is Set to Boost Imports This Year
November 1, 2019, 7:05 pm
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As the global campaign against coal gathers pace, the world’s biggest consumer is nevertheless set to boost imports this year.
China’s purchases of foreign coal in...
South Korea's LNG imports to fall on new nuclear, coal plants
October 31, 2019, 6:22 pm
SEOUL (Reuters) - South Korea’s imports of liquefied natural gas (LNG) are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new long-planned nuclear and coal power plants.
The decline comes despite the country’s efforts to move...
Four in five EU coal plants unprofitable, according to Carbon Tracker
October 28, 2019, 6:58 pm
Four in five EU coal power plants are unprofitable and utilities could lose €6.6 billion this year alone, finds a new report from financial think tank Carbon Tracker.
It warns investors and policymakers to prepare for a complete phase-out of coal by 2030, because without heavy subsidies the...
Arch Coal reports 3Q19 results
October 25, 2019, 8:13 pm
The company had adjusted earnings before interest, taxes, depreciation, depletion, amortisation, accretion on asset retirement obligations, amortisation of sales contracts, and non-operating expenses of US$106.6 million in the third quarter of 2019, which includes a US$1.5 million non-cash...
The Russians are coming for Asia and Europe's coal markets: Russell
October 23, 2019, 6:07 pm
LISBON, Oct 23 (Reuters) - Life is set to get even more difficult for major coal exporters with Russia planning to increase shipments of the fuel and the cost advantages appearing increasingly stacked in its favour.
Russia is already the third-largest supplier to the seaborne market, behind...
Russian coking coal output up
October 21, 2019, 8:41 pm
The country's major coking coal and steel producer Evraz lifted its coal output by 16pc to 19.2mn t, while Kolmar raised production by 46pc to nearly 6mn t. And anthracite producer Sibanthracite Group mined 18.1mn t of coal in the first three quarters, unchanged from a year earlier.
Peabody to close Illinois coal mine
October 16, 2019, 9:03 pm
The closure is expected to impact about 225 workers.
Employees were told at a compulsory meeting on Monday, local media reported.
The company would try to place employees at other Peabody operations in the Midwest, according to a letter to staff.
The underground Wildcat thermal coal mine...
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