The Adaro Blog
Japan’s environment ministry pushes back on coal use
July 29, 2015, 3:12 pm
TOKYO, June 12 (Reuters) – Japan’s environment ministry is pushing back on the growing use of coal to generate power after the Fukushima nuclear disaster led to the shutdown of the nation’s reactors, as concerns mount over greenhouse gas emissions.
Environment Minister Yoshio...
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Coal Shares Tumble Amid Concerns Over Mine-Liability Funding
July 27, 2015, 3:14 pm
Two U.S. coal companies, Peabody Energy Corp. and Arch Coal Inc., sank to all-time lows amid concerns that they will have to pay more for insurance that covers environmental damage.
Peabody fell 9 percent to a record low closing price of $2.53 in New York on Friday. The stock has declined 21...
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Colombia cuts 2015 coal output forecast, Q1 volume falls 5 pct
July 20, 2015, 3:16 pm
Colombia, the world’s fourth biggest coal exporter, produced 23.2 million tonnes of the fuel in the first three months of the year, down 5 percent from the same period last year, the National Mining Agency (ANM) said on Friday.
The agency expects output for all of 2015 to be at least 87...
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THERMAL COAL-Futures hover above 9-year low as Russian exports eyed
July 15, 2015, 3:30 pm
LONDON, April 15 (Reuters) – Thermal coal futures edged higher on Wednesday as traders expected the strengthening Russian currency to make Russian exports less profitable, helping support global prices.
After falling by about 40 percent against the dollar last year during an economic...
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India to eclipse China as top coal importer in 2015
July 10, 2015, 3:19 pm
NICE (Reuters) – India is expected to overtake China as the world’s top coal importer in 2015, faster than previously expected, traders and consultants said on Wednesday.
India’s coal imports should rise to around 200 million tonnes this year, from around 180 million tonnes in...
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Japanese Mitsui eyes coal gasification projects in Indonesia
July 8, 2015, 3:20 pm
Japan-based diversified company Mitsui & Co. Ltd. plans to expand its investment in Indonesia’s energy sector through a coal gasification project.
Yukio Takebe, the president director and CEO of Mitsui Indonesia, a local business unit of the group, revealed the interest...
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