The Adaro Blog

Beijing orders utilities, miners to help cool red-hot coal market: sources
May 22, 2018, 5:24 pm
BEIJING (Reuters) - China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with the matter said, the government’s first direct intervention to cool coal prices since mid-2016. The National Development...
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Ministry Cannot Say When Coal Limitation Rule Can Start
May 22, 2018, 1:06 pm
TEMPO.CO, Jakarta - The Energy and Mineral Resources Ministry cannot give an exact time of when the policy to limit coal production can commence. The limitation is stipulated in the Energy Minister`s Regulation No.25/2018 on Coal and Mineral Mining Businesses that was recently...
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Sulfur limit change could alter South Korea's demand profile for thermal coal
May 21, 2018, 3:27 pm
South Korea's adoption of an annual sulfur limit of 0.4% as-received basis for thermal coal used to fuel its coal-fired power plants could radically change the Asian country's demand profile for imports, according to market sources familiar with the move. Power plant operators in South...
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India's state power plants resume coal imports amid domestic shortages
May 17, 2018, 4:46 pm
State-run thermal power plants in India's coastal states have again begun buying overseas coal due to domestic coal shortages, government and utility officials said, in a setback for the country's long-term plans to eliminate imports. After no significant imports in 2017, government...
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European natural gas, coal generation margins under pressure from rising fuel, CO2 prices
May 14, 2018, 6:05 pm
European gas- and coal-fired power generation margins have come under strong pressure as outright power prices trail behind a rising fuel complex and rallying EUA carbon allowances. In Germany, the front-year clean dark spread (CDS) for a modern coal plant (45% efficiency) has fallen below...
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Asia coal industry sees blue skies, ignores storm clouds: Russell
May 10, 2018, 10:19 am
NUSA DUA, Indonesia (Reuters) - Asia’s coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and they expect this happy situation to persist for several years to come. It was a challenge to find anybody pessimistic about the outlook for coal in Asia,...
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Indonesia sees coal output flat in 2019 amid equipment shortage
May 7, 2018, 4:50 pm
NUSA DUA, Indonesia, May 7 (Reuters) - Indonesia is targeting annual production of 481 million tonnes of coal this year and next, a mining ministry official said on Monday, as producers of the fuel are struggling to get new heavy equipment and parts. That’s up around 4 percent from the 461...
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Glencore completes Aussie coal deal
May 4, 2018, 6:17 pm
Glencore has wrapped up the purchase of a stake in a large Australian thermal mine Australia, underscoring its position as the world’s biggest exporter of the fossil fuel. The London-listed company on Friday said it had received the regulatory approvals needed to complete the acquisition...
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Two U.S. coal miners see growth amid sector's gloom
May 2, 2018, 6:30 pm
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry. But not every U.S. coal company sees a bleak future. Ramaco...
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Indonesian coal miners report healthy Q1 average selling price amid China demand
April 30, 2018, 11:00 am
Indonesian coal miners reported higher average selling prices in the first quarter of 2018, supported by strong Chinese demand and weather-related supply disruptions. Rains have been impacting production at various producing regions in Indonesia over the past few quarters. However, miners were...
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