The Adaro Blog
China’s Heat Wave Is Pushing Coal Prices Toward Record Level
July 16, 2021, 3:10 pm
A heat wave across some of China’s biggest industrial provinces has pushed local electricity consumption to unprecedented levels, sending thermal coal futures toward record highs.
The power load in the eastern province of Zhejiang near Shanghai surpassed 100 million kilowatts per hour on...
Coal Hits A Three-Year High Despite China Trying To Control Prices
June 8, 2021, 11:43 am
Commodity prices buffeted by the Chinese government’s crackdown on speculative trading are reversing losses made earlier this week with coal leading the way up.
Thermal coal used to produce electricity rose above $100 a ton on Monday and was last trading at $106/t, the highest in three...
China's US coal imports jump 748% in Q4'20 amid Australian trade dispute
February 24, 2021, 9:47 am
China emerged as one of the top importers of U.S. coal in the fourth quarter of 2020 as the country banned Australian coal from entering its territories amid diplomatic tensions.
U.S. coal exports in the three-month period totaled 17.4 million tonnes, down 7.3% year over year but 25.1% higher...
Indonesia to remove royalty payments for downstream coal
February 24, 2021, 9:46 am
JAKARTA:Indonesia is removing royalty payments for coal used in its downstream sector in a bid to boost its coal processing industries, a government regulation reviewed by Reuters showed.
The world's top exporter of thermal coal aims to develop its coal processing...
Construction resumes at Indonesian coal power plant
February 16, 2021, 4:36 pm
Construction of a new 400MW coal-fired power plant in Indonesia's Aceh regency has resumed after being halted early last year because of the Covid-19 pandemic.
The $600mn project is being developed by a consortium composed of China Datang Overseas Investment, Indonesian state-owned...
Aurizon anticipates coal export growth
February 15, 2021, 1:38 pm
Aurizon Holdings is confident of the long-term demand for Australian coal from international markets despite a 10 per cent drop in exports during the second half of last year.
Australia exported 183 million tonnes of coal during the period, comprising 86 million tonnes of metallurgical coal and...
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