The Adaro Blog

Indian utilities' coal imports in H119 rise over 53% from year ago
July 19, 2019, 6:34 pm
NEW DELHI, July 19 (Reuters) - Coal imports by Indian coal utilities during the first half of 2019 rose 53.4% from a year earlier to 35.47 million tonnes, data provided by India's Central Electricity Authority (CEA) showed. Demand for seaborne coal imports in India has risen because of a...
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BHP aims to cut thermal coal output for next year, raise quality
July 17, 2019, 8:40 pm
MELBOURNE (Reuters) - The world’s biggest miner, BHP Group, on Wednesday said it planned to produce less thermal coal in the coming financial year and that it would wash it instead as part of a drive to raise the quality of the commodity. BHP said its New South Wales Energy coal production...
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China June coal output hits record high as miners ramp up ahead of summer
July 16, 2019, 7:28 pm
China’s coal output rose in June from the previous month to a record high, official data showed, as miners ramped up production to ensure supply ahead of peak summer demand for electricity. The world’s top coal producer churned out 333.35 million tonnes of coal in June, up 6.7% from...
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King coal rules in Japan as power utilities in thrall to low-cost fuel
July 12, 2019, 6:54 pm
Coal-power stations capable of producing 10,437 megawatts (MW) of electricity will be fired up in the next few weeks, a Reuters survey of the companies shows. Japanese utilities will rely on the return of coal-fired power plants from maintenance to meet peak electricity demand this summer,...
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BHP Is Latest Giant Miner to Plan Exit From Thermal Coal
July 11, 2019, 6:51 pm
BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world’s biggest miners to retreat from the dirtiest fuel. BHP is looking at options to divest the business that includes assets in Australia and Colombia, said...
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Chinese Thermal Coal Demand Set To Fall With Launch Of New Power Transmission Line
July 9, 2019, 8:24 pm
A new ultra-high voltage transmission line launched this week in China is expected to dramatically cut demand for thermal coal, according to market sources quoted by S&P Global Platts. The new ultra-high voltage transmission line, stretching 3,324 kilometers (2,065-miles) from the Xinjiang...
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Germany's coal exit contrasts with Australia
July 6, 2019, 8:18 pm
Bochum, Germany: While the ink is still drying on the approval for Australia's new controversial coal mine, Germany is working to extinguish the coal industry entirely. Adani was cleared to start work on the Carmichael mine in central Queensland in mid-June after the state government ticked...
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Future tense: Fastest-growing market Asia rethinks coal's prospects
July 4, 2019, 6:29 pm
NUSA DUA, Indonesia (Reuters) - After riding China’s demand train for nearly two decades, Asia’s coal industry is looking to a future of smaller markets and slimmer pickings, as buying declines in the world’s second-biggest economy and climate change concerns blunt demand. By...
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US won't impose rule to protect against coal ash spill costs
July 3, 2019, 7:37 pm
BILLINGS, Mont. (AP) — The Trump administration said Tuesday that it won't require electric utilities to show they have money to clean up hazardous spills from power plants despite a history of toxic coal ash releases contaminating rivers and aquifers. Environmental Protection Agency...
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Australia sees gold overtaking thermal coal as export earner
July 1, 2019, 8:00 pm
MELBOURNE, July 1 (Reuters) - Australia expects gold to overtake thermal coal as its fourth-largest export earner in the coming financial year as coal prices fall on subdued demand from Asia, while global tensions prop up gold prices. Asian demand for the heating fuel is expected to top out this...
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