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...
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...
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...
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...
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