The Adaro Blog

Coal India incorporates new arm for coal-to-chemical business
May 28, 2024, 3:29 pm
Coal India in February signed a joint venture agreement with Bharat Heavy Electricals Ltd (BHEL) for undertaking a coal-to-chemicals business. New Delhi: State-owned Coal India on Tuesday announced the incorporation of a subsidiary firm, Bharat Coal Gasification and Chemicals Ltd (BCGCL) for...
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Glencore's Australia carbon storage project blocked because of groundwater risk
May 24, 2024, 3:34 pm
carbon capture and storage project in eastern Australia cannot go ahead because it could irreversibly harm groundwater used by farmers, a state government said on Friday, adding that it would also block similar projects. Global commodities giant Glencore said the decision by Queensland was the...
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Vedanta Aluminium turning to renewables, not adding coal capacity: CEO John Slaven
May 23, 2024, 3:21 pm
Slaven said the company was securing supplies of 1.3 GW of renewable energy - a mix of solar and wind power - from India's Serentica Renewables.  Indian metals-to-oil conglomerate Vedanta Ltd's aluminium business will no longer add coal-fired capacity, its CEO said, in the...
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Met coal’s biggest exporter wants to get even bigger
May 2, 2024, 3:32 pm
Simon Nicholas, Lead Analyst – Global Steel at IEEFA, comments on BHP’s takeover bid for Anglo American and its potential implications for the steel and coal industries. BHP’s US$40 billion takeover bid for Anglo American is mainly about copper. However, a successful...
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Coal investments set to rise 10% this year as nations fret over energy security
June 23, 2022, 11:12 am
Global energy investment is on course to jump by more than 8% in 2022 and hit $2.4 trillion, with a notable uptick for coal supply chains, but far more money will be required if climate-related goals are to be met, according to the International Energy Agency. Published Wednesday, the...
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Indonesia’s Adaro sells coal to European buyers ahead of Russia sanctions
April 20, 2022, 4:51 pm
Indonesia’s second biggest coal miner PT Adaro Energy Indonesia Tbk ADRO.JK said on Monday it has shipped roughly 300,000 tonnes of coal to some buyers in Europe, where countries are seeking a new source of the fuel due to sanctions on Russia. The coal was sold via the spot market, chief...
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Indonesia March exports, imports hit record highs amid commodity boom
April 20, 2022, 4:50 pm
Indonesia's exports and imports hit record highs in March amid commodity price rises due to the impacts of the Ukraine war, helping the resource-rich country book a larger-than-expected trade surplus, statistics bureau data showed on Monday. March exports from Indonesia were worth $26.5...
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EU countries hunt for global coal stocks as Russian ban looms
April 7, 2022, 2:10 pm
 European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the scramble to relieve tight gas supplies, according to data and shipping sources. The European Commission on Tuesday proposed new sanctions...
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Indonesia to continue to use fossil fuels during energy transition
April 7, 2022, 2:09 pm
The government has said that it will continue to use fossil energy to meet energy demand during the transition period since Indonesia is still in the process of realizing clean energy and net-zero emissions. However, it has developed a road map for clean energy and net-zero emissions, which...
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Trafigura, Mercuria predict return to coal as energy crisis bites
March 24, 2022, 4:16 pm
Plunging Russian oil and gas exports to the west are set to drive up demand for coal, commodity traders say, as European governments and importers prioritise energy independence from Moscow over climate transition goals. In recent weeks, the US, UK and EU have sought to halt President Vladimir...
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