The Adaro Blog

AngloAmerican boss sees coal mines closing at a rate of one a fortnight
September 19, 2014, 10:56 am
AngloAmerican chief Mark Cutifani said he expects metallurgical coalmines will be mothballed at a rate of one every two or three weeks around the world until enough supply has fallen out of the beleaguered sector to drive a price recovery.
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China to Ban Imports of High Ash, High Sulfur Coal From 2015
September 18, 2014, 10:56 am
China will ban the import and local sale of coal with high ash and sulfur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners.
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China Bid to Curb Coal Output Seen Lifting Prices by 10%
September 18, 2014, 10:51 am
Cutting production at the largest mining companies in China is on track to do what government officials are hoping: boost coal prices and help shore up the struggling industry.
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Indonesia sees 11 pct drop in 2014 coal exports as royalty hike looms
September 18, 2014, 10:49 am
Indonesian coal exports are expected to drop 11 percent this year due to lower production, a government official said on Friday, as miners grapple with new rules the industry fears will put some firms out of business.
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THERMAL COAL-Prices decline on weak demand
September 18, 2014, 10:48 am
Thermal coal prices mostly declined on Friday as weak demand weighed on prices.
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Fitch: Weak M&A Despite Abundant Distressed Indonesia Coal Assets
September 10, 2014, 10:45 am
Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector in Indonesia is unlikely, despite the substantial number of distressed coal companies in the country. Sustained weakness in demand and an uncertain price outlook for...
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Whatever Happened to Global Warming?
September 10, 2014, 10:43 am
On Sept. 23 the United Nations will host a party for world leaders in New York to pledge urgent action against climate change. Yet leaders from China, India and Germany have already announced that they won’t attend the summit and others are likely to follow, leaving President Obama looking a...
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‘Coal-by-wire’ from Sumatra to Java
September 6, 2014, 11:03 am
Coal from the island of Sumatra accounts for most of Indonesia’s low-grade lignite, a low-quality coal that receives a poor price in international markets.
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... Adaro Won Four Awards in the 4th Annual Southeast Asia’s Institutional Investor Awards for Corporates
September 5, 2014, 10:35 am
On August 26th, 2014, Adaro attended an award ceremony held by Alpha Southeast Asia, an institutional investment magazine primarily written for asset and fund management companies with focus on Southeast Asia. Alpha Southeast Asia is headquartered in Hong Kong but has bureaus and correspondents in...
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Indonesia Gets More Competitive
September 4, 2014, 10:34 am
Stories of corruption and resource nationalism still fill Indonesia’s daily news, but they don’t appear to have dented its image entirely. The popular emerging market notched up four places in the latest competitiveness survey from the Geneva-based World Economic Forum, putting it in...
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