The Adaro Blog

China’s Energy Demand Set to Double in 12 Years
June 3, 2014, 3:47 pm
Rapid urbanization and modernization in China are driving an unprecedented increase in demand for energy that puts China on course to require more power than the United States and Europe combined by 2035. For full article, please click
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Learning from China: A Blueprint for the Future of Coal in Asia
June 3, 2014, 3:46 pm
The use of coal to meet growing energy demands in Asia is being driven by three forces: coal’s rapid scalability, its inexpensive cost, and the availability of readily accessible reserves. For full article, please click  
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Australian Transport, Mining Companies Cut Jobs
June 2, 2014, 3:45 pm
SYDNEY—Australian companies in the logistics and coal-mining sectors announced a combined 130 job cuts Thursday, illustrating the challenges facing the nation’s economy as it confronts a cooling mining boom. Toll Holdings Ltd., which provides freight and transport services to...
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Investors Bet on Indonesian Coal, Despite Price
May 23, 2014, 3:44 pm
Investors Bet on Indonesian Coal, Despite Price Coal Is Down 14% This Year – but After a Brutal 2013, Some Mining Shares Are Up Investors are piling back into Indonesia’s biggest coal miners in the belief that the long-shunned sector is ready to benefit from a recovery in...
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Memo to Stanford: Don’t attack coal, attack carbon with a tax
May 21, 2014, 3:43 pm
Last week, Stanford’s Board of Trustees announced that the university would not directly invest funds from its endowment in coal mining companies. Even the strongest advocates of this action acknowledge that it is a symbolic gesture with little direct effect on the coal industry or global...
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Jakarta Globe: Adaro Energy May Seek Bank Loan to Repay Debt This Year
May 12, 2014, 3:43 pm
Adaro Energy, the country’s second-largest coal miner, may seek bank loans to help it repay its mounting debt this year, one of the company’s directors said. The miner will use also its own funds to settle maturing debt, chief financial officer David Tendian said. “If our...
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How India plans to double Coal output by 2019?
May 11, 2014, 3:44 pm
India is poised to double its coal production in a few years. The country aims to push production to 1 billion tonne by 2019 from its coal mines. India’s Coal behemoth Coal India (CIL) has set a target to mine 1 billion t of coal by 2019 which is double the current output of 500 million...
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The Adaro Blog May 2014 Indonesia Coal Price Benchmark
May 8, 2014, 3:42 pm
The Indonesian benchmark coal price as published monthly by the Ministry of Energy and Mineral Resources. May’s guide price is US$73.60/tonne (FOB). contains benchmark prices for main coal types and detailed sample prices for all other coal types recorded with the ministry. At the end...
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Adaro Energy Will Conduct Annual Public Expose on May 8, 2014
April 30, 2014, 3:38 pm
Adaro Energy will conduct its Annual Public Expose on Institutional Investor Day 2014 with schedule as follows: Date:  May 8, 2014 Time: 11:15 – 12:15 Place: Seminar Room , Indonesia Stock Exchange For more information, please contact Indonesia Stock Exchange at...
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Coal: The Fuel of the Future, Unfortunately
April 29, 2014, 3:37 pm
A cheap, ubiquitous and flexible fuel, with just one problem WHAT more could one want? It is cheap and simple to extract, ship and burn. It is abundant: proven reserves amount to 109 years of current consumption, reckons BP, a British energy giant. They are mostly in politically stable places....
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