The Adaro Blog

Newcastle coal market needs transparency to gain credibility: Russell
April 25, 2015, 4:13 pm
Should there be a debate about the efficiency and transparency of Asian’s main thermal coal price indicator, the Newcastle index? The Newcastle weekly index, which underpins physical and paper trading, has jumped around this year, gaining almost 21 percent between a six-year low on Jan. 9...
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Bu Rini is targetting a May start for Batang
April 24, 2015, 4:00 pm
Indonesia’s plans to root out graft at huge state companies, lure investment from China and take control of its largest gas field–all key to new President Joko Widodo’s economic plans–hinge largely on a minister trying to infuse government with a private-sector...
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Coal India output won’t keep imports low
April 22, 2015, 4:01 pm
Despite Coal India reporting the sharpest production growth in two decades in FY15 and the momentum expected to remain in the current fiscal, the country’s coal imports are set to accelerate. Power companies, one of the major consumers of coal, have firmed up plans to import 73 million tonne...
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China’s March coal imports down 32.7% on year
April 20, 2015, 4:02 pm
Singapore (Platts)–13Apr2015/949 am EDT/1349 GMT China’s coal imports, including lignite, thermal and metallurgical coal, fell 32.7% year on year to 17.03 million mt in March, the ninth consecutive year-on-year decline, data from the General Administration of Customs (GAC) showed...
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Thailand’s PTT considering investment in Indonesia coal
April 17, 2015, 4:03 pm
Thailand’s top energy firm PTT Pcl is considering investing in coal projects in Indonesia and listing its foreign investment arm there, expecting coal to find sustained demand in the region despite recent price weakness, company executives said. “We have seen regional demand for...
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‘Sustainability’ gone mad on college campuses
April 15, 2015, 4:04 pm
Syracuse University alumni are new additions to the lengthening list of people who can stop contributing to their alma maters. The university has succumbed — after, one suspects, not much agonizing — to the temptation to indulge in progressive gestures. It will divest all fossil fuel...
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CHINA BURNS HALF OF THE WORLD’S COAL
April 13, 2015, 4:05 pm
China is the world’s largest consumer of coal, using more coal each year than the United States, the European Union, and Japan combined. Coal power has been the dominant source of energy used to fuel the rapid economic development of China in the past two decades, with significant impact on...
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Coal output falls as prices continue to lag
April 10, 2015, 4:06 pm
Coal output dropped by 21 percent in the first three months of the year as low prices for the commodity forced mining companies to reduce activities to cut production costs. Data from the Energy and Mineral Resources Ministry’s directorate general for minerals and coal shows the total...
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Economy in brief: Coal association seeks bigger role in RI
April 10, 2015, 4:06 pm
The Indonesian Coal Mining Association (APBI) is seeking a bigger role in the rule-making process for the country’s coal industry, a new chief has said. The newly elected chairman of the association, Pandu Sjahrir, said coal utilization, incentives, slowing investment and royalty payments...
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This One Nation Could Provide Hope For Coal Markets This Year
April 9, 2015, 4:08 pm
The India coal situation keeps getting more interesting. With national regulators this week announcing they’re going to need a lot more supply this coming year. India’s Central Electricity Authority (CEA) said this week that it will raise imports by 35% for the coming fiscal year...
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