The Adaro Blog

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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Coal Demand Rises, But Remains Below Peak Levels
June 28, 2019, 8:00 pm
This article is the third in a series on BP's recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. In the first article of the series, I discussed the trends in global...
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Indonesia regulatory changes to bring more uncertainty to coal sector
June 26, 2019, 7:48 pm
NUSA DUA, Indonesia (Reuters) - Indonesian coal miners said upcoming regulatory changes are putting added pressure on their businesses amid depressed prices and rising competition from other energy sources. The Indonesian government is in the process of amending coal mining rules to enforce...
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Slow pace of reforms spurring higher coal imports by Indian utilities
June 26, 2019, 7:46 pm
NEW DELHI (Reuters) - Coal imports by Indian utilities are surging after the government failed to open the industry to competition, despite passing a liberalization policy 16 months ago, because of bureaucratic indecision and resistance from unions, industry and government officials...
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Asia's coal developers feeling left out by cold shoulder from banks
June 25, 2019, 7:44 pm
NUSA DUA, Indonesia (Reuters) - Developers of coal mines and coal-fired power plants in Asia are facing difficulties growing their businesses as global financial institutions refuse to back their projects to avoid criticism over climate change, industry participants said on Tuesday. That is...
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China's May thermal coal import rises 35% on year as market activity picks up: GAC
June 24, 2019, 7:15 pm
China imported 20.68 million mt of thermal coal in May, up by about 19.3% from April and 34.8% from a year ago, according to the coal import data released by the General Administration of Customs on Sunday. According to the data, China imported 9.89 million mt of lignite in May, up 2.49% month...
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Indonesian firm to export coal to Bangladesh
June 20, 2019, 7:12 pm
Bangladesh is set to import coal for the first time for a power plant as part of efforts to diversify its fuel mix in the electricity generation sector. The Bangladesh-China Power Company signed a deal with an Indonesian firm in Dhaka on Sunday to import coal for the 1,320-megawatt coal-fired...
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