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...

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...

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...

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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Jakarta. State-controlled coal miner Tambang Batubara Bukit Asam will allocate up to $2.1 billion through 2017 to build power plants as it looks to diversify its revenue stream beyond coal exports. The company plans to spend $600 this year, another $700 million next year, and $800 million the...

US banking giant Citigroup says the global coal industry is set for further pain, predicting an acceleration of mine closures, liquidations and bankruptcies. The value of listed coal companies monitored by Citi has shrunk from $50bn (£32bn) in 2012 to $18bn in 2015, a trend it believes...

(Batang, August 28th, 2015) President of the Republic of Indonesia, Joko Widodo, inaugurated Construction Kick-off of a steam power plant in Batang, Central Java with a capacity of 2x1000MW and Electrification Program for 50 Locations in Outer Islands and Border Area in Batang, Central Java, Friday...

Thermal coal output cuts in Indonesia in 2015 may not lend much support to prices amid muted Chinese demand that cannot be outweighed by interest in emerging markets, market sources said Tuesday. Major Indonesian thermal coal miners including Adaro Energy, Bumi Resources and PT Harum lowered...

While world markets were busy talking about how prices of commodities like gold, crude oil, natural gas and copper were falling, there was another commodity that was silently slipping away. Coal futures touched a 12-year low as demand from the world economy slips and production of the fuel...