The Adaro Blog

China Turns To Indonesia For Coal Following Fallout With Australia
February 22, 2022, 4:55 pm
China and Australia appear to have finally moved away from each other. The relationship turned frosty after China imposed an “unofficial ban” on Australian coal imports back in November 2019. At the time, many speculated that China would suffer more. But steel prices have held steadier...
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Far from dying, the coal industry is actually booming. Just look at these signs
January 31, 2022, 12:13 pm
In late 2021, diplomats spent hours arguing over whether to "phase-out" or "phase-down" coal in the final communique of the COP26 climate change summit. Under pressure from China and India, the watered-down second choice prevailed. Still, it was good enough for the United...
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Coal to stay as major source of energy in foreseeable future: Joshi
December 22, 2021, 3:02 pm
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament was informed on Monday. Despite push for renewables, the country will require base load capacity of coal-based generation for stability and also for...
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Global coal power demand to hit new high
December 17, 2021, 2:33 pm
Rising consumption in China, India and the US could bring global coal-fired power demand to a new all-time high this year, undermining efforts to cut greenhouse gas emissions, the International Energy Agency (IEA) says. The IEA said global power generation from coal was expected to reach 10,350...
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Met coal demand from blast furnaces supported for two-three decades yet: FT Summit
November 24, 2021, 4:43 pm
Hydrogen-based steelmaking is unlikely to displace blast furnace-based steelmaking for two to three decades, which will support demand for metallurgical coal during that period, miners and analysts said at the Financial Times Commodities Asia Summit this week. Steel sector decarbonization will...
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Coal could become carbon neutral with new tech
November 23, 2021, 1:36 pm
The Allam-Fetvedt Cycle technology could provide a net-zero avenue for coal by producing saleable hydrogen as a by-product, while capturing the emitted CO2. A feasibility study, commissioned by Low Emission Technology Australia (LETA), found that Australia’s annual energy export revenues...
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Vietnam's coal-fired power may double by 2030 under draft energy plan
October 15, 2021, 6:41 pm
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime minister for approval this week. The draft plan guarantees that Vietnam will become more reliant on coal to power its fast-growing economy at a time...
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Coking coal beats iron ore to top spot for most expensive steelmaking input
September 22, 2021, 4:57 pm
Coking coal has surpassed iron ore to become the most expensive raw material input for steel makers, following a blistering rally in prices in the recent weeks, an analysis by S&P Global Platts showed. Global steel mills from East Asia to India, Europe and Brazil have been scrambling to...
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China and India send coal prices soaring amid green-energy push
September 15, 2021, 2:23 pm
The price of thermal coal used to generate electricity is nearing a record high as surging demand in China and India collides with a reluctance to invest in new capacity in a world heading for decarbonization. While coal is sometimes called the least-loved commodity because of carbon emissions,...
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Asia's coal prices hit new highs as global utilities scramble for fuel
September 7, 2021, 5:04 pm
Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said. The most-traded thermal coal futures contract on the Zhengzhou Commodity Exchange jumped more than 4per cent on Tuesday to a...
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