The Adaro Blog

Indonesia's Adaro sees stable coal prices in 2018
October 20, 2017, 7:48 pm
Coal production in Indonesia, the world’s top thermal coal exporter, is expected to increase 5 percent in 2017 and 2018 from an estimated 440 million tonnes in 2016. Domestic consumption is expected to reach 101 million tonnes this year. Coal is around 57 percent of the country’s...
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China's Shanxi plans nine more coal mine closures this year
October 16, 2017, 8:00 pm
SHANGHAI (Reuters) - Authorities in Shanxi, one of China’s biggest coal-producing regions, said on Saturday they plan to close nine more coal mines by the end of this year, according to a post on a government website. The planned closures come after authorities in the region vowed to...
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No new coal power stations in Java, Indonesia energy minister says
October 12, 2017, 7:45 pm
JAKARTA, Oct 12 (Reuters) - Indonesia will not approve any new coal-fired power stations on the heavily-populated island of Java as the country strives to reach its renewable energy development targets, the energy minister said on Thursday. “We will not approve any coal-fired power plants...
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Power Producers Should Cheer Coal's Closing Time
October 9, 2017, 9:07 pm
Et tu, Texas? Barely a week after Energy Secretary Rick Perry pitched his latest plan to revitalize the coal industry, the biggest power company in his home state announced it was shutting down one of the largest coal-fired power plants there. In fairness, Vistra Energy Corp. has been...
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Trump Administration Unveils Plan To Help Coal, Nuclear Sectors
October 5, 2017, 7:07 pm
At the end of September, the U.S. Department of Energy quietly issued a Notice of Proposed Rulemaking (NOPR) with the Federal Energy Regulatory Commission that amounts to requiring subsidies for coal and nuclear power plants. The rule would be a sea change in how electricity markets have...
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COLUMN-Russia takes advantage of China's North Korea coal ban: Russell
October 2, 2017, 6:56 pm
LAUNCESTON, Australia, Oct 3 (Reuters) - China’s coal import data for August flung up an interesting anomaly in the form of renewed imports from North Korea, but of far more interest is the surge in cargoes from Russia. Customs data showed that China imported 1.6 million tonnes from North...
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Russia Props Up Ukraine Rebels With Coal Sales From War Zone
September 29, 2017, 5:01 pm
Russia is helping Ukrainian rebels sell coal on international markets to raise much-needed cash for pensions and social needs, evading a blockade imposed by the government in Kiev as efforts to implement a peace deal remain stalled. The separatists are sending nearly 1 million tons of coal per...
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China's Shandong province to ban coal shipments by diesel trucks from ports
September 25, 2017, 4:37 pm
BEIJING (Reuters) - China’s eastern province of Shandong will ban the use of diesel trucks to transport coal from ports around the Bohai Sea starting on Oct. 1, according to a report by state news agency Xinhua on Monday, citing a statement from local authorities. Companies operating ports...
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US coal output continues slip: EIA
September 21, 2017, 4:51 pm
Houston (Platts)--21 Sep 2017 612 pm EDT/2212 GMT   US coal production slipped for the fourth consecutive week in the week ending September 16, but at 15.5 million st it was still 7.2% higher than in the same week of 2016, Energy Information Administration data showed...
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UPDATE 1-France's Engie gets two bids for coal-fired power plant in Australia -sources
September 15, 2017, 4:42 pm
* Sale to be decided before year-end - Engie * Energy market uncertainty clouds power plant valuation * Analyst estimates range between $300 mln and $1 bln (Adds banker, Prime Minister comments) By Sonali Paul and Paulina Duran MELBOURNE/SYDNEY, Sept 15 (Reuters) - France’s Engie...
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