The Adaro Blog

Japan’s environment ministry pushes back on coal use
July 29, 2015, 3:12 pm
TOKYO, June 12 (Reuters) – Japan’s environment ministry is pushing back on the growing use of coal to generate power after the Fukushima nuclear disaster led to the shutdown of the nation’s reactors, as concerns mount over greenhouse gas emissions. Environment Minister Yoshio...
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Coal Shares Tumble Amid Concerns Over Mine-Liability Funding
July 27, 2015, 3:14 pm
Two U.S. coal companies, Peabody Energy Corp. and Arch Coal Inc., sank to all-time lows amid concerns that they will have to pay more for insurance that covers environmental damage. Peabody fell 9 percent to a record low closing price of $2.53 in New York on Friday. The stock has declined 21...
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Coal is not dead: New study describes forces behind the ‘coal renaissance’
July 22, 2015, 3:15 pm
While some are calling the current depressed state of the coal market “the end of coal”, a new study has revealed it is actually undergoing a renaissance. In fact, global coal consumption has risen dramatically in the past decade according to the paper, published in the Proceedings...
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Colombia cuts 2015 coal output forecast, Q1 volume falls 5 pct
July 20, 2015, 3:16 pm
Colombia, the world’s fourth biggest coal exporter, produced 23.2 million tonnes of the fuel in the first three months of the year, down 5 percent from the same period last year, the National Mining Agency (ANM) said on Friday. The agency expects output for all of 2015 to be at least 87...
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THERMAL COAL-Futures hover above 9-year low as Russian exports eyed
July 15, 2015, 3:30 pm
LONDON, April 15 (Reuters) – Thermal coal futures edged higher on Wednesday as traders expected the strengthening Russian currency to make Russian exports less profitable, helping support global prices. After falling by about 40 percent against the dollar last year during an economic...
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Coal, medical, train technology at top of Japan’s agenda for Asian infrastructure financing
July 15, 2015, 3:17 pm
TOKYO (AP) — Prime Minister Shinzo Abe’s offer of $110 billion in fresh infrastructure financing for Asia is as much about Japan’s agenda for selling its clean coal know-how and other technologies as it is about keeping up with China. Abe announced the commitment, topping the...
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EA climate report highlights need for investment in cleaner coal technologies
July 13, 2015, 3:19 pm
The World Coal Association (WCA) says this week’s International Energy Agency’s (IEA) ‘Energy and Climate Change’ report highlights the importance of investment in cleaner coal technologies. Increasing the average efficiency of the global coal fleet from its current 33%...
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India to eclipse China as top coal importer in 2015
July 10, 2015, 3:19 pm
NICE (Reuters) – India is expected to overtake China as the world’s top coal importer in 2015, faster than previously expected, traders and consultants said on Wednesday. India’s coal imports should rise to around 200 million tonnes this year, from around 180 million tonnes in...
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Japanese Mitsui eyes coal gasification projects in Indonesia
July 8, 2015, 3:20 pm
Japan-based diversified company Mitsui & Co. Ltd. plans to expand its investment in Indonesia’s energy sector through a coal gasification project.   Yukio Takebe, the president director and CEO of Mitsui Indonesia, a local business unit of the group, revealed the interest...
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Coal industry reaches bottom of price cycle with some signs of recovery says Qld economist
July 7, 2015, 3:21 pm
The chief economist of Queensland’s Department of Natural Resources and Mines says there are some signs of recovery in the coal sector. David Rynne told industry leaders in Mackay, in the state’s north, he feels the industry has reached the bottom of the price cycle. He said...
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