The Adaro Blog
Ministry Cannot Say When Coal Limitation Rule Can Start
May 22, 2018, 1:06 pm
TEMPO.CO, Jakarta - The Energy and Mineral Resources Ministry cannot give an exact time of when the policy to limit coal production can commence. The limitation is stipulated in the Energy Minister`s Regulation No.25/2018 on Coal and Mineral Mining Businesses that was recently...
Asia coal industry sees blue skies, ignores storm clouds: Russell
May 10, 2018, 10:19 am
NUSA DUA, Indonesia (Reuters) - Asia’s coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and they expect this happy situation to persist for several years to come.
It was a challenge to find anybody pessimistic about the outlook for coal in Asia,...
Indonesia sees coal output flat in 2019 amid equipment shortage
May 7, 2018, 4:50 pm
NUSA DUA, Indonesia, May 7 (Reuters) - Indonesia is targeting annual production of 481 million tonnes of coal this year and next, a mining ministry official said on Monday, as producers of the fuel are struggling to get new heavy equipment and parts.
That’s up around 4 percent from the 461...
Glencore completes Aussie coal deal
May 4, 2018, 6:17 pm
Glencore has wrapped up the purchase of a stake in a large Australian thermal mine Australia, underscoring its position as the world’s biggest exporter of the fossil fuel.
The London-listed company on Friday said it had received the regulatory approvals needed to complete the acquisition...
Two U.S. coal miners see growth amid sector's gloom
May 2, 2018, 6:30 pm
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry.
But not every U.S. coal company sees a bleak future.
Strong Asian demand continues to hold up thermal coal markets
April 27, 2018, 11:11 am
LONDON/SINGAPORE (Reuters) - Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year.
Benchmark Australian thermal coal...
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