The Adaro Blog

Standard Bank commits to reducing exposure to thermal coal
March 6, 2020, 6:30 pm
JOHANNESBURG – Standard Bank has committed to reducing exposure to thermal coal over time. The lender said in its Thermal Coal Mining Policy which was published on Thursday that the group would not finance mountain top removal mining activities. The policy was published after...
Read More

Coal suppliers fear uncertainty over Indonesia's new shipping rules could hurt export demand
March 5, 2020, 7:58 pm
Singapore — Indonesian thermal coal suppliers and shipping companies are growing increasingly concerned as the May 1 implementation of a requirement to use local ships for exports draws closer, as the government has yet to define what it means by Indonesian-controlled ship, market sources...
Read More

China's removal of port construction fees in Q2 could spur seaborne coal activity: traders
March 4, 2020, 6:28 pm
Singapore — China's removal of port construction fees for all import and export goods and a 20% reduction in all other government port charges over March 1 to June 30 could spur a modest uptick in seaborne coal trading activity and reduce costs for end-users, market sources said...
Read More

RPT-COLUMN-Seaborne coal's struggles in Asia are more than just China coronavirus: Russell
March 3, 2020, 6:25 pm
LAUNCESTON, Australia, March 3 (Reuters) - Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weakness concentrated in other major importers of the polluting fuel. South Korea’s imports of both...
Read More

BlackRock World Mining drops coal from remit
February 28, 2020, 7:28 pm
BlackRock World Mining drops coal from remit – in conjunction with the release of BlackRock World Mining’s annual report for 2019, the board has had a rethink about its benchmark and examined the trust’s ESG credentials. The managers have decided that, across their business, they...
Read More

JPMorgan announces big moves to support environment, including ending loans to coal industry
February 26, 2020, 6:17 pm
JPMorgan Chase pledged on Tuesday to facilitate $200 billion in environmental and economic development deals and will pull back from advising and lending to the coal-mining industry. The new targets, disclosed in presentations for the New York-based bank’s annual investor day, mark an...
Read More

Indonesia could lose coal buyers over regulation mandating use of local ships: APBI
February 24, 2020, 7:10 pm
Indonesian coal miners may lose buyers because of a regulation that requires coal exporters to only use domestic shipping companies and insurance services, experts have warned. The head of the marketing and logistics department at the Indonesian Coal Mining Association (APBI) Hendri Tan said...
Read More

Mongolia to resume coal exports to China
February 21, 2020, 7:05 pm
Mongolia will resume coal exports to China on 3 March, restoring a key source of coking coal imports after a four-week halt. The border has been closed after a 10 February decision to halt all commodity border crossings in a bid to prevent a further spread of the coronavirus within...
Read More

India: Potential investors seek more clarity on commercial coal mining norms
February 20, 2020, 6:56 pm
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. In three separate meetings with Union coal ministry officials, some industry personnel also pointed out that the efficiency parameters specified by the...
Read More

Miners welcome Indonesia’s new jobs bill that could spur coal growth
February 19, 2020, 7:05 pm
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection. President Joko Widodo’s sprawling “Job...
Read More

Page 11 of 113, showing 10 records out of 1123 total, starting on record 101, ending on 110