The Adaro Blog
Australian Transport, Mining Companies Cut Jobs
June 2, 2014, 3:45 pm
SYDNEY—Australian companies in the logistics and coal-mining sectors announced a combined 130 job cuts Thursday, illustrating the challenges facing the nation’s economy as it confronts a cooling mining boom.
Toll Holdings Ltd., which provides freight and transport services to...
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Investors Bet on Indonesian Coal, Despite Price
May 23, 2014, 3:44 pm
Investors Bet on Indonesian Coal, Despite Price
Coal Is Down 14% This Year – but After a Brutal 2013, Some Mining Shares Are Up
Investors are piling back into Indonesia’s biggest coal miners in the belief that the long-shunned sector is ready to benefit from a recovery in...
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Memo to Stanford: Don’t attack coal, attack carbon with a tax
May 21, 2014, 3:43 pm
Last week, Stanford’s Board of Trustees announced that the university would not directly invest funds from its endowment in coal mining companies. Even the strongest advocates of this action acknowledge that it is a symbolic gesture with little direct effect on the coal industry or global...
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How India plans to double Coal output by 2019?
May 11, 2014, 3:44 pm
India is poised to double its coal production in a few years. The country aims to push production to 1 billion tonne by 2019 from its coal mines. India’s Coal behemoth Coal India (CIL) has set a target to mine 1 billion t of coal by 2019 which is double the current output of 500 million...
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The Adaro Blog May 2014 Indonesia Coal Price Benchmark
May 8, 2014, 3:42 pm
The Indonesian benchmark coal price as published monthly by the Ministry of Energy and Mineral Resources. May’s guide price is US$73.60/tonne (FOB).
contains benchmark prices for main coal types and detailed sample prices for all other coal types recorded with the ministry.
At the end...
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Adaro Energy Will Conduct Annual Public Expose on May 8, 2014
April 30, 2014, 3:38 pm
Adaro Energy will conduct its Annual Public Expose on Institutional Investor Day 2014 with schedule as follows:
Date: May 8, 2014
Time: 11:15 – 12:15
Place: Seminar Room , Indonesia Stock Exchange
For more information, please contact Indonesia Stock Exchange at...
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Coal: The Fuel of the Future, Unfortunately
April 29, 2014, 3:37 pm
A cheap, ubiquitous and flexible fuel, with just one problem WHAT more could one want? It is cheap and simple to extract, ship and burn. It is abundant: proven reserves amount to 109 years of current consumption, reckons BP, a British energy giant. They are mostly in politically stable places....
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Foreign Investment Aimed at Consumers
April 29, 2014, 3:36 pm
Consumer- focused companies from Ikea to European automakers are putting money into Indonesia to target the country’s young population. Investment will grow at least 15 per cent this year, a slower pace than last year’s 27 per cent, and a more sustainable level, Mahendra Siregar,...
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Coal-Fired Power is Cleaner than You Think
April 29, 2014, 3:35 pm
Coal-fired generation has the largest carbon footprint among the various generation technologies that China employs. But it is air pollution, rather than greenhouse gases, that is the government priority in our view. With emissions reduction equipment fitted, coal-fired units emissions can be...
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