The Adaro Blog
THERMAL COAL-Futures hover above 9-year low as Russian exports eyed
July 15, 2015, 3:30 pm
LONDON, April 15 (Reuters) – Thermal coal futures edged higher on Wednesday as traders expected the strengthening Russian currency to make Russian exports less profitable, helping support global prices.
After falling by about 40 percent against the dollar last year during an economic...
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India to eclipse China as top coal importer in 2015
July 10, 2015, 3:19 pm
NICE (Reuters) – India is expected to overtake China as the world’s top coal importer in 2015, faster than previously expected, traders and consultants said on Wednesday.
India’s coal imports should rise to around 200 million tonnes this year, from around 180 million tonnes in...
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Japanese Mitsui eyes coal gasification projects in Indonesia
July 8, 2015, 3:20 pm
Japan-based diversified company Mitsui & Co. Ltd. plans to expand its investment in Indonesia’s energy sector through a coal gasification project.
Yukio Takebe, the president director and CEO of Mitsui Indonesia, a local business unit of the group, revealed the interest...
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No coal price recovery for ‘a long, long time’ says Rio Tinto
July 3, 2015, 3:22 pm
“Is coal part of Rio Tinto today? The answer is yes, but any asset is for sale at any point in time,” says Rio Tinto coal boss Jean-Sébastien Jacques. Philip Gostelow
Rio Tinto’s new coal boss Jean-Sébastien Jacques, says it will likely take three or four years...
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When will Asia’s coal market see some recovery?
July 1, 2015, 3:23 pm
Fresh from covering Coaltrans Asia in Bali, Indonesia, Platts associate editor Arusha Das talks to fellow associate editor Mia Corazon Aureus about the coal market’s sentiment, Indonesia’s production targets and plan to raise coal royalty tax, as well as India’s role in the...
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Biggest Coal Shipper’s Power Plan Offers Relief From Bear Market
June 26, 2015, 3:25 pm
by Fitri WulandariBen Sharples
The coal market’s best hope of breaking a four-year losing streak may be its biggest supplier’s plan to burn more at home.
Indonesia plans to expand generating capacity by 46 percent in four years with new power plants, half of them burning coal. If...
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