The Adaro Blog

Insurance giant Suncorp says it will no longer cover new thermal coal projects
July 26, 2019, 7:51 pm
Australian insurance giant Suncorp will no longer invest in, finance or insure new thermal coal mines and power plants, and will not underwrite any existing thermal coal projects after 2025. This is the latest in a series of pledges by banks and financial services companies that they will not...
Read More

Anglo approves development of ‘technologically advanced’ Aquila coal mine
July 25, 2019, 8:25 pm
Anglo American has approved the development of the Aquila project, in central Queensland’s Bowen Basin, which will become one of the most “technologically advanced underground mines in the world”, according to the company’s Tyler Mitchelson. With an expected capital cost...
Read More

34 coal miners seek additional quotas
July 23, 2019, 7:15 pm
Thirty-four coal mining companies have submitted their work program and budget revisions (RKABs) to the Energy and Mineral Resources Ministry to apply for process production quota increases, a ministry official said on Monday night. The ministry’s coal supervisory and business director,...
Read More

Indian utilities' coal imports in H119 rise over 53% from year ago
July 19, 2019, 8:20 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...
Read More

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...
Read More

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...
Read More

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...
Read More

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,...
Read More

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...
Read More

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...
Read More

Page 12 of 102, showing 10 records out of 1014 total, starting on record 111, ending on 120