The Adaro Blog

Coal to continue to be key source of Indias energy need
December 21, 2015, 1:39 pm
Coal will continue to be main source for India’s energy needs while utmost care will be taken to protect the environment in meeting over 1.5 billion coal output target by 2020, a top official said. The statement comes after a landmark climate change deal in Paris with the approval of...
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Bears win out at Coal Trading Association conference
December 18, 2015, 1:40 pm
In trading circles, the bulls are effectively those who believe the forward price will go up and the bears believe it will go down. At the Coal Trading Association’s annual conference this week in New York City, both sides were on display, although sentiment leaned more...
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Climate deal may be terminal for coal, but death will be lingering: Russell
December 14, 2015, 1:42 pm
It’s tempting to take the champagne-fueled view that the historic global climate agreement reached in Paris signals the death of coal, but even if the dirty fuel is terminal, it will be a long, lingering demise before the final hacking cough. This is simply because coal is, and will remain...
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Bapak Garibaldi Thohir Terpilih Sebagai Indonesia Most Admired CEO 2015
December 11, 2015, 1:43 pm
Selamat kepada Bapak Garibaldi Thohir atas diraihnya penghargaan Indonesia Most Admired CEO 2015 dari Warta Ekonomi. Bertempat di Ballroom Hotel Mulia, pada 7 Desember 2015, Bapak Julius Aslan mewakili Bapak Garibaldi Thohir menerima penghargaan Most Admired CEO 2015 yang diserahkan langsung oleh...
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Climate summit: Coal will continue to be the mainstay of India’s energy basket, says government official
December 7, 2015, 1:46 pm
India’s ambitious renewable energy push, which includes a seven-fold increase in generation capacity, is unlikely to help bridge the country’s huge development deficit. Its development needs are real. It is not just the 400 million people without access to electricity and hundreds of...
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China Plans to Upgrade Coal Plants
December 4, 2015, 1:47 pm
BEIJING — China’s cabinet announced Wednesday that it would try to cut pollution from coal-fired power plants by 60 percent by 2020 through upgrades to plants, according to a report by Xinhua, the state news agency. If successful, the plan for upgrades would reduce carbon dioxide...
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Natgas overtakes coal as top U.S. power source in September
December 2, 2015, 1:49 pm
Natural gas surpassed coal in September as the leading U.S. power source for the fourth time in history, according to federal energy data – with all four milestones being hit this year. Gas overtook coal as a power source in April, July, August and September because gas prices were lower...
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Costly ‘cleaner’ coal fights for space in emissions debate
November 30, 2015, 1:51 pm
The global coal industry is trumpeting “cleaner coal” technology to fight bubbling competition from renewable energy, but the high costs of greener plants are proving a major obstacle in selling them to power-hungry countries such as India. The challenges are highlighted by the...
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IS NEWCASTLE THERMAL COAL NOW IN THE MIDDLE OF ITS WINTER OF DISCONTENT?
November 27, 2015, 1:52 pm
Spot prices for 6,000 NAR grade Newcastle thermal coal are sitting at a decade low of about $50/mt FOB. High-ash 5,500 NAR prices are 35% below their four-year average. Is the worst over for the Newcastle thermal coal market? In this video, Platts senior editor for coal Michael Cooper looks at how...
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Peabody Energy to sell New Mexico, Colorado assets for $358 million
November 24, 2015, 1:54 pm
Peabody Energy Corp said it had agreed to sell its New Mexico and Colorado coal assets to Bowie Resource Partners LLC for $358 million in cash. Bowie will also assume about $105 million in related liabilities, Peabody said on Friday. Bowie, which confirmed the deal later in the day, said the...
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