The Adaro Blog
China July coal imports highest in years as heatwave fuels demand
August 8, 2018, 6:35 pm
BEIJING (Reuters) - China increased its coal imports in July by 14 percent to their highest in 4-1/2 years, official data showed on Wednesday, as rising temperatures boosted demand for coal-fired power to run air conditioners in the world’s top buyer of the fuel.
Arrivals came in at 29.01...
Coal Industry Stock Outlook: Holds Promise for Long Term
August 3, 2018, 7:17 pm
The fossil fuel Coal play an integral role in meeting the ever-increasing global energy demand thanks to rapid urbanization and modernization. Since coal can be found in small quantities in almost all countries across globe with recoverable reserves in nearly 70 countries, it is an automatic choice...
Anglo American completes sale of South African thermal coal mine
August 2, 2018, 7:15 pm
London — Anglo-South African miner, Anglo American has completed the sale of its share in the New Largo thermal coal project in South Africa, it said late Wednesday.
A subsidiary of the diversified miner, Anglo American Inyosi Coal, sold its 73% in the New Largo coal project which included...
Adaro Rampungkan Akuisisi Kestrel Coal
August 1, 2018, 7:02 pm
JAKARTA- PT Adaro Energy Tbk dengan EMR Capital Ltd merampungkan akuisisi terhadap kepemilikan Rio Tinto atas Kestrel Coal Mine (Kestrel) sebesar 80 persen.
Presiden Direktur dan CEO Adaro Energy Garibaldi Thohir dalam keterangan resmi yang diterima Antaradi Jakarta, Rabu mengemukakan akuisisi...
Jokowi cancels plan to revoke coal DMO
July 31, 2018, 6:59 pm
President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coal producers as a means to help state-owned electricity company PLN maintain current electricity rates.
Energy and Mineral Resources Minister Ignasius...
Energy ministry remains firm on DMO policy for coal
July 31, 2018, 6:56 pm
The Energy and Mineral Resources Ministry has stressed that it will not cancel its policy on the domestic market obligation (DMO) for coal, as the government wants to ensure supply of the commodity to meet domestic demand.
“It is unlikely that the domestic market policy on coal sales will...
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