The Adaro Blog

Coal imports rise to record levels
July 17, 2020, 12:33 pm
Vietnam’s coal imports surged to a record high in the first half of the year, showing its rising reliance on coal-fired power plants. They rose 53.8 percent year-on-year to 31.57 million tons, according to Vietnam Customs. The imports, mostly from Australia, Indonesia, and Russia, exceeded...
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Beijing may consider relaxing coal import curbs
July 15, 2020, 10:18 am
The Chinese government may consider relaxing curbs on imported thermal coal because domestic coal prices have been soaring and increased power demand is expected. Any relaxation of import constraints could support imported coal prices. China's top economic planning agency the NDRC held an...
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China urges coal miners to boost output ahead of summer power use
July 14, 2020, 2:52 pm
China’s central state planner urged miners to boost domestic coal output and storage to ensure sufficient energy supplies during the peak summer season, while asking local authorities to maintain coal import restrictions. The moves came on Thursday in a meeting called by the state planner,...
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Indonesia’s coal reserves rise
July 10, 2020, 12:14 pm
Indonesia's coal reserves have increased slightly as of the end of 2019, meaning that if annual production remains at around current levels the reserves will last until 2090, the country's energy ministry said. Total coal reserves in the country as of the end of 2019 stood at 37.56bn t,...
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Japan Promotes ‘Clean’ Coal in the Battle Against Climate Change
July 9, 2020, 8:57 am
Japan’s government has announced it will phase out 90 percent of the country’s old and inefficient coal-fired power generators, alongside the construction of “cleaner” high efficiency coal power by 2030. Minister for Economy, Trade, and Industry (METI) Hiroshi Kajiyama said...
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Despite cutback plan, Japan maintains stance of relying on coal
July 8, 2020, 11:41 am
The Ministry of Economy, Trade and Industry on July 3 announced plans to minimize power generation from low-efficiency coal-fired power plants that release large amounts of carbon dioxide by fiscal 2030. The growing global trend away from coal is finally prodding the slow-moving government into...
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Asian coal demand fills the gap left by Japan and Europe
July 7, 2020, 12:25 pm
Coal’s demise as a significant backbone to the global dry bulk trades is not coming any time soon, new research from Arrow Shipbroking clearly shows.  News carried by Splash on Friday that Japan, the world’s third largest coal importer, will shutter 100 of...
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Indonesian coal miners to cut 50 million tons of production due to weak prices
July 3, 2020, 10:58 am
Miners in Indonesia, the world’s top coal exporting country, have decided to cut domestic production by 50 million tons this year in their bid to increase global coal prices, which have been falling during the health crisis. The Indonesian Coal Mining Association (APBI) has...
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Indonesia’s APBI asks ESDM to cut coal output: Update
July 2, 2020, 11:23 am
The Indonesian coal mining association (APBI) has asked the country's energy ministry (ESDM) to reduce mining companies' output because of weaker demand and prices, with the group forecasting that Covid-19 will cut demand for Indonesian coal by around 85mn t this year. The ESDM...
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Korea's Kepco Moves Ahead With Controversial Coal Investment
July 1, 2020, 2:51 pm
Korea Electric Power Corp. approved a plan to participate in an Indonesian coal power project despite mounting global pressure to move away from the most-polluting fossil fuel. The board of directors on Tuesday cleared the $51 million purchase of a 15% stake in the joint-venture developing the...
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