The Adaro Blog

Glencore slump spoils commodity trader appetite for IPOs
October 5, 2015, 2:43 pm
Unprecedented shareholder pressure over the past six months at listed commodities firms Noble and Glencore have taught their private rivals an unforgettable lesson – think twice before going public or amassing large physical assets. Noble’s stock is trading near its lowest since the...
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BHP coal boss warns on outlook
October 2, 2015, 2:44 pm
China’s restrictions on certain types of highly polluting coal, introduced earlier this year as part of an accelerating campaign to clean up its air, have added to a significant glut in the global market for the fuel, the mining executive said on Friday. Coal prices have been tumbling...
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World Coal Association calls on UN to go harder
September 29, 2015, 2:44 pm
The association has also highlighted the link between energy lack and global poverty. Of course, given its bent, the WCA argues coal has to very much be part of that solution. It says coal is essential to global efforts to achieve universal energy access and alleviate energy poverty as it...
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Mining Stocks Fall Sharply on Concerns Over China Economy
September 28, 2015, 2:45 pm
Fed’s decision not to raise interest rates also renewed fears over sluggish pace of global growth LONDON—Share prices in U.K.-listed global miners were hit hard on Tuesday with commodities giant Glencore GLNCY -5.44 % PLC leading the pack down on continued fears that China’s...
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Coal Mining Industry Indonesia: Government in Search of Unpaid Bills
September 23, 2015, 2:47 pm
Indonesia’s Energy and Mineral Resources Ministry is currently conducting research to check whether the country’s miners comply with (royalty and tax) payments as well as environmental regulations. It also investigates whether miners’ activities do not overlap with other mining...
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Adaro scales down production target
September 21, 2015, 2:47 pm
Major coal producer Adaro Energy has announced that it has lowered its production target from 56-58 million tons previously to 54-56 million tons to mitigate oversupply that led to plunging commodity prices and cut the company’s profit by 31 percent on a yearly basis. According to its...
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Shenhua, Adaro singled out from Asia peers
September 18, 2015, 2:48 pm
AMID the continuing poor performance of Chinese and Indonesian coal producers, the names China Shenhua Energy and Adaro Energy stand out from the crowd, according to an investment bank report.     With both countries known to be pushing consolidation of their...
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China, US to cooperate in developing ‘clean coal’ technologies to help combat climate change
September 14, 2015, 2:50 pm
Officials from China and the United States have taken a major step towards an agreement to advance “clean coal” technologies that claim to reduce the fuel’s contribution to climate change — and could offer a potential lifeline for an industry that has seen its fortunes...
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Govt expects rising income from coal despite weak output
September 11, 2015, 2:52 pm
The Energy and Mineral Resources Ministry is expecting to see rising royalties and fees from the mineral and coal sectors this year despite plunging production due to low selling prices.According to the proposed state budget for 2016, the non-tax income from minerals and coal is targeted to reach...
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BHP expects coal rebound and makes move in Borneo
September 9, 2015, 2:53 pm
BHP Billiton is set to ramp up its focus on Indonesian coal, revealing it will open a second mine on Borneo within two years as it predicts a rebound in global markets. BHP’s Indonesian coal boss, Mark Small, said mining had this year started at Haju in Central Kalimantan which is the...
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