The Adaro Blog
China Coal Control Jolts World Markets From Steel to Freight
September 29, 2016, 11:02 am
China’s efforts to overhaul its coal industry to reduce overcapacity after years of expansion and curb pollution are reverberating through global markets from steel to freight.
What’s happening?
Output has fallen more than 10 percent so far this year as the government of President...
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Australia miner says surging coal prices curbing asset sales in sector
September 28, 2016, 11:00 am
Australia-listed miner Terracom Ltd says the steepest rally in coal prices in over half a decade means that mines digging the commodity are becoming more expensive to buy, curbing a wave of purchases in the sector.
Less than a year after the coal industry was declared to be in terminal decline...
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Indonesia’s Diesel Demand Picks Up
September 27, 2016, 11:01 am
JAKARTA (Reuters) –Consumption of diesel by Indonesian miners has picked up for the first time in four years as coal producers in the country ramped up output to meet Chinese demand, offering a glimmer of hope to Asian traders grappling with multi-year low fuel margins.
Once Asia’s...
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Coal’s cost advantage over LNG slipping, but not yet enough: Russell
September 20, 2016, 11:03 am
Thermal coal has been one of the commodity success stories this year, but there is a risk that it becomes a victim of its own success by eating into its advantage over liquefied natural gas (LNG) in generating electricity.
The benchmark Australian thermal coal price, the Newcastle Index, rose to...
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Coal Still Has Long Way To Run In China And India
September 16, 2016, 2:49 pm
Resource investors, take note: By 2025, just 10 years from now, energy consumption in Asia will increase a whopping 31 percent. A whole two-thirds of that demand, driven largely by China and India, will be for fossil fuels, most notably coal.
That’s according to a new research piece by...
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China Seen Investing Too Much in Power Plants That Burn Coal
September 14, 2016, 11:06 am
China may be investing too much in coal power, with construction of new plants accelerating at the same time that demand growth for electricity is slowing, the International Energy Agency said.
The world’s biggest investor in fossil-fuel generation started more than 70 gigawatts of new...
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Miners to profit as coal prices hit four-year high
September 12, 2016, 11:06 am
The surge in coking coal prices to four-year highs has prompted analysts to upgrade earnings forecasts for some producers despite wariness about how long the upswing will last.
The price of coking coal, used to make steel, has more than doubled this year, touching $US200 a tonne on Friday, amid...
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Coal Rises From Grave to Become One of Hottest Commodities
September 9, 2016, 11:08 am
For all the predictions about the death of coal, it’s now one of the hottest commodities in the world. The resurrection may have further to run.
A surge in Chinese imports to compensate for lower domestic production has seen European prices jump to near an 18-month high, while...
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Indonesia can apply ‘clean’ coal technology to reduce emissions
September 7, 2016, 11:09 am
Indonesia has teamed up with the World Coal Association (WCA) consider to apply high efficiency, low emissions (HELE) ‘clean’ coal technologies, developed to increase the efficiency of coal-fired power plants and maintain international commitments to mitigate climate change...
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