The Adaro Blog
In the shadow of oil, coal markets rise from the ashes
February 4, 2018, 6:53 pm
SINGAPORE/MELBOURNE (Reuters) - Far from entering the death throes predicted by some environmentalists and analysts, thermal coal miners are enjoying their best returns in years as strong Asian demand and tight supplies send prices soaring.
Chinese thermal coal futures hit a record of...
Wind, Solar, Biomass Overtake Coal Power in EU for First Time
January 31, 2018, 4:19 pm
Power generated by wind, solar and biomass in the European Union overtook coal for the first time in 2017, a report by Germany’s climate lobbyist Agora Energiewende and U.K. think tank Sandbag showed.
Wind and solar parks and biomass plants dotted from Ireland to Romania raised their share...
Coal Bites Back in China Amid Supply Worry
January 29, 2018, 4:09 pm
In the latest reminder that coal still dominates the world’s biggest energy consumer, Chinese power producers are warning of supply tightness while one northern province plans to pause switching homes and industries to natural gas to avoid further heating shortages.
Four of China’s...
Exclusive: Trump's coal job push stumbles in most states - data
January 19, 2018, 4:27 pm
WASHINGTON (Reuters) - President Donald Trump’s effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.
Coal India boss sees challenging times ahead
January 15, 2018, 6:45 pm
Coal IndiaBSE 0.99 % Ltd, which is struggling to meet coal production targets, foresees significant competition coming in from the private sector in the future, a top official of the company has said.
"More challenging times are ahead. Soon, mines for commercial exploitation will be...
Coal India to charge customers on energy content in coal
January 10, 2018, 6:40 pm
KOLKATA: Coal IndiaBSE 0.99 % has decided to shift to a pricing system under which customers would be billed on the basis of exact energy content per kilogram of coal in every consignment that is sold to them. The new system would be effective from April 1, 2018.
At present, prices of coal is...
Asia powers demand for thermal coal
January 8, 2018, 12:40 pm
Thermal coal, the least loved major commodity, has jumped to its highest level since late 2016 as strong manufacturing activity in Asia and appetite from China drives demand.
Thermal coal is burnt to generate electricity, and is a big source of income for miners such as Glencore, Whitehaven and...
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