The Adaro Blog
BlackRock World Mining drops coal from remit
February 28, 2020, 7:28 pm
BlackRock World Mining drops coal from remit – in conjunction with the release of BlackRock World Mining’s annual report for 2019, the board has had a rethink about its benchmark and examined the trust’s ESG credentials. The managers have decided that, across their business, they...
Mongolia to resume coal exports to China
February 21, 2020, 7:05 pm
Mongolia will resume coal exports to China on 3 March, restoring a key source of coking coal imports after a four-week halt.
The border has been closed after a 10 February decision to halt all commodity border crossings in a bid to prevent a further spread of the coronavirus within...
Miners welcome Indonesia’s new jobs bill that could spur coal growth
February 19, 2020, 7:05 pm
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection.
President Joko Widodo’s sprawling “Job...
Coal’s Losing Steam as Supply Restarts, Virus Stifles Demand
February 17, 2020, 6:48 pm
(Bloomberg) -- Coal prices in China are back on the slide as local miners resume production, easing concern about tight supply and suggesting demand is a bigger wild card as the world’s top market tries to contain a coronavirus outbreak.
Futures on the Zhengzhou exchange have fallen for...
Coal India keeps raising output targets
February 12, 2020, 6:35 pm
CIL's 2019-20 coal output is forecast at around 610mn t against a targeted 660mn t, a senior company executive told Argus after the release of the company's latest quarterly financial results yesterday. Despite the looming miss for 2019-20, CIL will aim for output of 710mn t in...
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