The Adaro Blog

As more countries turn against coal, producers face prolonged weakness in prices
April 6, 2015, 4:09 pm
High-cost deep mines in the rich world are worst-hit: in America 24 coal companies have gone bust in the past three years, and one-sixth of the remaining capacity loses money. But even Australia, whose low-cost opencast mines play a role akin to Saudi Arabia’s in the oil market, is...
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Market seeks clarity on new Indonesian rule on L/Cs for thermal coal exports
April 1, 2015, 4:10 pm
With the new Indonesian regulation making letters of credit mandatory for exports coming into effect on Wednesday, market participants voiced concerns over possible delays in shipments and sought more clarity from the government on the fresh requirements, sources said Tuesday, March 31. The new...
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Production by Coal India has failed to keep pace with rising demand
March 30, 2015, 4:11 pm
HONG KONG–The flow of the world’s seaborne coal trade is shifting as China, the top consumer, seeks to rely more on domestic output while cutting its use of the fuel. India, the world’s second-largest coal consumer, is picking up the slack, pulling in more coal cargoes as...
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Coal Assets Opportunities Abound for Those Willing to Bet On a Price Rebound
March 23, 2015, 4:14 pm
SYDNEY — For patient investors brave enough to call a bottom on coal, now may be the time to invest in an estimated US$15 billion in mines up for grabs. Coal has lost more than half its value in the past four years. Expanding production and an economic slowdown in China, the largest market...
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Invest in coal: It’s the answer, not the problem
March 20, 2015, 4:15 pm
Editor’s note: The following is a well-written contribution from Frank Clemente, Professor Emeritus of Social Science at Penn State University, former director of the university’s Environmental Policy Center and editor of the IEA report The Global Value of Coal (2012)....
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Global Economic Growth Inched Up in 2014, OECD Says Combined GDP of Group of 20 largest economies expanded 3.4% last year
March 18, 2015, 4:16 pm
March 11, 2015 7:00 a.m. ET The global economy grew at a slightly faster pace in 2014, as a modest revival in the eurozone and a pickup in India helped offset slowdowns in China and Japan. The Organization for Economic Cooperation and Development Wednesday said the combined gross domestic...
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Oxford’s postponed divestment decision faces protest
March 16, 2015, 4:17 pm
Former students occupied an Oxford building on Monday to protest the university’s failure to decide about divesting funds from fossil fuels. Campaigners expected an announcement from the university, following discussion of a divestment proposal put forward by students. But an Oxford...
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China coal-based fuel and chemicals plants retain appeal despite low oil prices
March 13, 2015, 4:18 pm
While margins at coal-to-liquid fuel and chemicals projects have been hit by crude’s sharp slide, they remain viable if oil is above US$60 a barrel.   Lower oil prices have squeezed the profits of mainland firms that turn the nation’s abundant coal into liquid fuel and...
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Program Pembangkit Listrik Jokowi Butuh 100 Juta Ton Batu Bara Per Tahun
March 11, 2015, 4:19 pm
Jakarta -Pemerintah pimpinan Joko Widodo (Jokowi) mencanangkan program pembangkit listrik berkapasitas 35.000 megawatt (MW). Dari jumlah itu, sebesar 25.000 MW merupakan proyek pembangkit listrik tenaga uap (PLTU). Butuh tambahan batu bara untuk bahan bakarnya. Hilmi Najamuddin, Kepala...
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Telling times for Indonesia’s coal industry
March 9, 2015, 4:20 pm
With global coal prices showing little signs of recovery, calls amongst industry players in Indonesia to limit production of coal and increase the focus on value-added operations are growing louder. Coal is a cheap and abundant commodity in Indonesia, responsible for powering around half of the...
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