The Adaro Blog

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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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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