The Adaro Blog

Australia Must Choose Between Coal and Coral – The Great Barrier Reef Depends On It
December 6, 2016, 9:52 am
At first glance, the progress reports on the Great Barrier Reef released last week by the Australian and Queensland governments might seem impressive. The update on the Reef 2050 Plan suggests that 135 of the plan’s 151 actions are either complete or on track. The Australian...
Read More

Peabody wants to repay term loan early thanks to improving coal prices
December 2, 2016, 9:53 am
U.S. coal producer Peabody Energy Corp said it would seek court approval to repay a $500 million term loan ahead of schedule because it has enough cash to operate in bankruptcy thanks to a rise in coal prices. Peabody obtained an $800 million debtor-in-possession or DIP financing from both...
Read More

Ready for Some Good Environment News? It’s About Coal
November 30, 2016, 9:54 am
Positive news about the environment is as common as a well-fed polar bear. So enjoy. Thanks to a decrease in coal use in North America and better technology to make the fossil fuel less harmful, the amount of mercury in the atmosphere is on the decline—and our air, our oceans, and even...
Read More

Natural Gas Prices And Coal Under The Clean Power Plan
November 28, 2016, 9:55 am
Don’t be fooled: there’s no denying that BOTH regulations and low natural gas prices have combined to reduce the use of coal. Even though coal has been the basis of electricity since its inception, the U.S. power industry has been announcing coal retirements at an unprecedented rate....
Read More

China to Probe Illegal Expansion in Coal, Steel Sectors
November 25, 2016, 10:05 am
China will send inspection teams to investigate and severely punish illegal expansion by coal and steel firms as part of its efforts to slim down the two industries, the country’s cabinet said on Thursday. With most of the country’s steel and coal enterprises making losses in 2015,...
Read More

Trump Victory Puts Icing On Investor’s Contrarian Bet On Coal
November 23, 2016, 10:07 am
Donald Trump’s surprise victory in the presidential race on Nov. 8 put some extra topspin on what had already been a surprising investment success for vulture investor George Schultze: Arch Coal. Shares in the St. Louis coal producer jumped 35% by the end of the week to over $85, not bad for...
Read More

World’s Top Miner Expects Iron Ore, Coal Price Surge to Cool
November 18, 2016, 10:12 am
BHP Billiton Ltd., the world’s biggest miner, expects soaring prices of iron ore and coking coal to moderate even as China pushes ahead with efforts to restructure its steel sector. Prices have been supported in recent months by restocking and short-term supply disruptions, Chief Executive...
Read More

Spot Metallurgical Coal Tops $US300 Tonne Mark
November 9, 2016, 10:33 am
Spot metallurgical coal topped $US300 a tonne for the first time since flooding in Australia curbed output from the world’s biggest seaborne exporter five years ago. Hard coking coal rose to $US307.20 a tonne on Tuesday, extending a surge that has seen the price quadruple since the start...
Read More

China To Cap Use of Coal at 55% of Total Power Output by 2020
November 8, 2016, 10:35 am
A file picture of workers operating an excavator at a coal depot in Heilongjiang province. Photo: Reuters China aims to cap coal-fired power generating capacity at 1,100 gigawatts by 2020, higher than the current ceiling but accounting for less of the country’s total power supply as the...
Read More

China to cap use of coal at 55 per cent of total power output by 2020
November 8, 2016, 10:17 am
A file picture of workers operating an excavator at a coal depot in Heilongjiang province. Photo: Reuters China aims to cap coal-fired power generating capacity at 1,100 gigawatts by 2020, higher than the current ceiling but accounting for less of the country’s total power supply as the...
Read More

Page 8 of 61, showing 10 records out of 605 total, starting on record 71, ending on 80