Vietnam seeks to import more coal from Australia to avert power shortage
HANOI, April 1 (Reuters) – Vietnam is seeking to import more coal from Australia to ease a shortage of the fossil fuel for electricity production, the Ministry of Industry and Trade said on Friday.
Coal-powered industrial parks test Indonesia’s climate pledges — and China’s too
In February, a Chinese company began building a “power island” project on Indonesia’s Obi Island, five months after President Xi Jinping had announced China would stop building new coal power plants overseas.
Elite power struggle sees Vietnam abandon coal, but leaves collateral damage
Vietnam is a nation of nearly 100 million people, a long, skinny, tropical country stretched along the western side of the South China Sea. For a quarter-century, its economy has been growing at an average annual rate of more than 6 per cent. Investment dollars pour in because multinational corporations have found that Vietnamese workers […]
Indonesia parliament calls for bigger domestic sales of coal
Indonesian lawmakers on Thursday called on the government to raise the domestic sales requirement for coal miners to 30per cent on the expectation that energy demand in Southeast Asia’s biggest economy will rise in coming years.
Indonesian firms sign coal cooperation agreement
Three Indonesian state-owned companies — coal producer Bukit Asam, utility PLN and rail operator Kereta Api Indonesia (KAI) — have signed an interim agreement aimed at strengthening cooperation on the country’s coal supply chain.
Indonesian coal prices stare at downtrend amid lack of China demand: sources
Indonesian coal prices are likely to decline in the near term as Chinese buyers stay on the sidelines amid a fall in the latter’s domestic coal prices, sources told S&P Global Platts Feb. 16.
Indonesia Suspends Operations of More Than 1,000 Miners
Indonesia has suspended the operations of more than 1,000 miners of coal, tin and other minerals due to a failure to submit their 2022 work plans, according to a document issued by the Minerals and Coal Directorate General of the mining ministry.
Column: Thermal coal’s record price run may end up its own worst enemy
The price of benchmark Australian thermal coal rose last week to trade near record highs, providing a short-term boost to producers but increasing the risks of longer-term pain.
