The Adaro Blog

Coal expected to remain dominant source of power in the coming decade - Fitch Solutions
June 11, 2021, 5:08 pm
Coal is expected to remain the dominant source of power for most of Southeast Asia and Australia in the coming decade, at least, and Fitch Solutions Country Risk and Industry Research says that will support the mining of coal and coal trade in the region. Coal currently remains the most...
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Indonesia to retire coal-fired power plants while also adding more
June 10, 2021, 9:43 am
Indonesia’s state-owned utility says it will start shutting down coal-fired power plants and phase them all out by 2055, amounting to 50 gigawatts of capacity. At the same time, it’s building 21 GW of new coal plants that will have an operating life until 2065 — a...
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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...
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Indonesia June coal benchmark price up 11.8%; highest in over two years
June 3, 2021, 4:01 pm
Indonesia set its coal benchmark price higher in June at $100.33 per tonne, the country's energy and minerals ministry said in a statement on Wednesday, driven by strong demand from China. This is $10.59, or 11.8%, more than May's benchmark price for coal and the highest since October...
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Global seaborne coal trade in 2021 to grow more than 5% after 2020 slump: Assocarboni
May 18, 2021, 4:00 pm
Global seaborne coal trade volumes in 2021 are expected to grow more than 5% from 2020, with a further increase seen for 2022 despite decarbonization programs, Assocarboni, the General Association of Coal Operators, forecast May 10. “Seaborne trade will start to grow again: a 5% increase...
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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...
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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...
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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...
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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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Indonesia sets Feb HBA thermal coal price 16% higher on month amid China demand
February 11, 2021, 10:40 am
Indonesia’s Ministry of Energy and Mineral Resources set its February thermal coal reference price — also known as Harga Batubara Acuan, or HBA — at $87.79/mt, up 16% on month and up 33% on year, a ministry spokesman said Feb 8. Strong Chinese demand and higher gas prices led...
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