The Adaro Blog

China Coal Prices Rise for First Time in 4 Months
September 30, 2010, 12:56 pm
By Bloomberg News Sept. 30 (Bloomberg) — Coal prices at Qinhuangdao, a Chinese benchmark, rose for the first time in four months as bad weather hampered supplies and power stations replenished inventories depleted during summer. The price of power-station coal with an energy value of...
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Komatsu Seeks Bio-Diesel Customers in Asia, Africa
September 6, 2010, 12:55 pm
From Bloomberg: Komatsu Seeks Bio-Diesel Customers in Asia, Africa By Masumi Suga and Yasumasa Song - Sep 1, 2010 3:52 PM GMT+0700   Sept. 1 (Bloomberg) — Komatsu Ltd., the world’s second- largest maker of mining trucks and excavators, plans to seek more...
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Adaro Energy’s 2009 Annual Report makes it on to the Global 300 List of Best Annual Reports
September 1, 2010, 12:53 pm
Adaro Energy’s 2009 Annual Report makes it on to the Global 300 List of Best Annual Reports by Reportwatch   Out of the Global 300 List of Best Annual Reports by Reportwatch, Adaro Energy was one of the only fourty nine companies from Asian countries, the only...
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August 19, 2010, 12:52 pm
From JakartaGlobe.com: ‘Super-Extreme’ Weather Is the Worst on Record Nurfika Osman | August 19, 2010   Jakarta. Indonesia has been experiencing its most extreme weather conditions in recorded history, meteorologists warned on Wednesday as torrential rains...
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Adaro Energy Annual Report Ranked 21st by LACP Vision Awards Annual Report Competition
July 13, 2010, 12:50 pm
Adaro Energy is pleased to announce that it has been selected as one of the winners in LACP’s 2009 Vision Awards Annual Report Competition.   League of American Communications Professionals (LACP) is the world’s largest annual report competition where...
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China’s Jan-May coal imports jump 114 pct on robust industrial
July 5, 2010, 12:49 pm
From Bloomberg BEIJING, Jul 04, 2010 (Xinhua via COMTEX) — China’s coal imports surged 114.3 percent year on year to 68.98 million tonnes in the Jan.-May period on the back of strong industrial demand, the Ministry of Industry and Information Technology (MIIT) said Monday. In a...
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Indonesia Cancels Letter of Credit Rule for Commodity Exports
July 5, 2010, 12:48 pm
From Bloomberg: By Yoga Rusmana June 28 (Bloomberg) — Indonesia, the biggest palm oil producer, canceled rules that required all commodity exporters to use letters of credit for shipments exceeding $1 million, as foreign exchange reserves have increased. “The existing export...
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Indonesia’s Credit Rating Outlook Raised by Moody’s
June 24, 2010, 12:46 pm
From Bloomberg: 2010-06-21 05:45:45.368 GMT (Updates with comment from economist in fifth paragraph.) By Jeran Wittenstein and Achmad Sukarsono June 21 (Bloomberg) — Indonesia’s credit rating outlook was raised to positive by Moody’s Investors Service, highlighting the...
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China to close 7,000 small coal miners by 2015 – report
June 24, 2010, 12:45 pm
From Reuters.com: China to close 7,000 small coal miners by 2015 – report   BEIJING June 23 (Reuters) – China aims to shut down as many as 7,000 small coal miners by 2015, according to a draft government document obtained by Chinese media on Tuesday. About 11,000...
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Bye-bye dollar peg, hello flexible renminbi
June 21, 2010, 12:44 pm
From Finance Asia: Just ahead of the G20 meeting, China says it will increase the flexibility of the renminbi now that the global economy is gradually recovering By Lara Wozniak | 21 June...
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