Citigroup Inc. reduced price forecasts for iron ore and coal as cheaper oil and declines in producers’ currencies combine to cut supply costs, signaling how the collapse in energy is feeding through to other commodities. Iron ore will average $58 a metric ton in 2015 and $62 a ton in 2016,...

Two years ago, Daniel Nilsson’s family bought a hotel in the town of Pajala, Sweden, some 50 miles above the Arctic Circle. The nearby Kaunisvaara iron-ore mine had just started production, and the Nilssons installed new meeting facilities and revamped the nightclub. “We wanted to give...

You’ve heard that our addiction to fossil fuels is destroying our planet and our lives. Yet by every measure of human well-being life has been getting better and better

Adaro’s Corporate Social Responsibility (CSR) program focuses on 5 key areas and it includes support programs initiated by other parties that have common long-term objective with Adaro’s. One good example of this is the Bekantan Twins Project – a project that fights the extinction...

Rating agency Fitch on Friday retained its stable outlook on India’s power sector in 2015 but warned producers and grid operators will continue to face challenges by way of high capex levels and fuel shortages leading to negative free cash flow in the medium term.

Wishing you a joyful holiday season full of Positive Energy   With kind regards,   Cameron Tough Investor Relations & Corporate Secretary Division Head

Source: AWSJ, 8 December 2014 The new leader of the world’s fourth-largest nation promised to move aggressively to lower barriers to investment and overcome decades of unmet potential that have left Indonesia lagging behind more dynamic Asian nations. In his first interview with a Western...

China needs to hit its “peak coal” use by 2020 if it is to fulfil its commitment to end growth in climate-warming carbon emissions by the end of the next decade, an influential government think tank said yesterday. The country last week pledged for the first time to end growth in...

Fitch Ratings-Singapore/Jakarta-27 October 2014: Fitch Ratings has affirmed coal producer PT Adaro Indonesia’s (Adaro) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BB+’. The Outlook is Stable. The agency has simultaneously withdrawn the ratings. Adaro...

By Wilda Asmarini JAKARTA, Nov 24 (Reuters) – New Indonesian coal export rules had little impact in October, the first month they were in effect, as shipments from the world’s top thermal coal exporter increased 9.8 percent on the year, a mining ministry official said. Industry...