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Indonesia to remove royalty payments for downstream coal February 24, 2021; Construction resumes at Indonesian coal power plant February 16, 2021; Aurizon anticipates coal export growth February 15, 2021; Indonesia sets Feb HBA thermal coal price 16% higher on month amid China demand February 11, 2021; See More . Introducing Adaro. The Ways We Give Back to Our Communities. AGMS and EGMS. Adaro

Indonesia’s coal reserves rise Adaro

Indonesia’s coal reserves rise July 10, 2020, 12:14 pm Admin Indonesia's coal reserves have increased slightly as of the end of 2019, meaning that if annual production remains at around current levels the reserves will last until 2090, the country's energy ministry said.

Adaro

Adaro MetCoal Companies (AMC) is made up of the Coal Contracts of Work (CCoW) for seven concession areas in Central and East Kalimantan provinces. The seven CCoWs are part of the Maruwai Coal Basin, which contains the largest green-field metallurgical coal deposit globally.

Indonesia sets Jan HBA thermal coal price at $65 Adaro

Indonesia sets Jan HBA thermal coal price at $65.93/mt, down 0.6% from Dec January 8, 2020, 7:15 pm Admin Singapore — The Indonesian Ministry of Energy and Mineral Resources set its January thermal coal reference price -- also known as Harga Batubara Acuan, or HBA -- at $65.93/mt, down 0.6% on the month and down 28.7% on the year.

Indonesia's Adaro Targeting to Produces 54MT of Coal

JAKARTA (TheInsiderStories) Indonesian coal miner, PT Adaro Energy Tbk (IDX: ADRO) targeting the sales and coal production around 52 54 million tones (MT) of coal in this year, the management announced on Tuesday (02/17).

Indonesian Coal Mining Giant in Focus: Adaro Energy

08/03/2018 Adaro Energy, Indonesia’s second-largest coal miner, targets to produce 54-56 million tons of coal in 2018, up from 51.79 million tons in the preceding year. This is only a modest production growth target because the company wants to preserve plenty of coal

Indonesia’s coal sector welcomes 2021 with Adaro

The future of Indonesia’s coal sector in 2021 appears to be optimistic, in view of a price increase at the opening of the year and high demand from China — an economy that is recovering amid the pandemic. In a trading session on Tuesday (5 January), numerous coal shares performed well, Bloomberg data showed. Shares of PT Delta Dunia Makmur Tbk strengthened 1.1 per cent, followed by that of

Indonesia sets Jan HBA thermal coal price at $65

Indonesia sets Jan HBA thermal coal price at $65.93/mt, down 0.6% from Dec January 8, 2020, 7:15 pm Admin Singapore — The Indonesian Ministry of Energy and Mineral Resources set its January thermal coal reference price -- also known as Harga Batubara Acuan, or HBA -- at $65.93/mt, down 0.6% on the month and down 28.7% on the year.

Indonesia's Adaro Targeting to Produces 54MT of Coal

JAKARTA (TheInsiderStories) Indonesian coal miner, PT Adaro Energy Tbk (IDX: ADRO) targeting the sales and coal production around 52 54 million tones (MT) of coal in this year, the management announced on Tuesday (02/17). The issuer also prepared capital expenditure US$300 million and earning before interest, tax, and deduction is estimating around $750 950 million during

PT Adaro Indonesia Bettercoal

PT Adaro Indonesia (AI) is currently Adaro Group’s largest coal mining operation from which they produce the Envirocoal product. AI’s concession is in South Kalimantan and it operates under a CCA with the Government of Indonesia. The Tabalong mine has grown to be the southern hemisphere’s largest single-mine site, and production has grown from an initial 1 million tonnes in 1992, with

Adaro Indonesia (P.T.) -- Moody's announces completion

Adaro Indonesia (P.T.)'s Ba1 corporate family rating reflects 1) its position as one of the largest single-location coal producers in the southern hemisphere with substantial reserves; 2) track

Indonesian Coal Mining Giant in Focus: Adaro Energy

08/03/2018 Adaro Energy, Indonesia’s second-largest coal miner, targets to produce 54-56 million tons of coal in 2018, up from 51.79 million tons in the preceding year. This is only a modest production growth target because the company wants to preserve plenty of coal

Indonesian Coal Mining Giant in Focus: Adaro Energy

Despite Indonesian President Joko Widodo having signed a regulation that will lead to a relatively cheap coal price for domestically-sold coal under the domestic market obligation, shares of Indonesian coal miner Adaro Energy rose 1.39 percent to IDR 2,190 a piece on Thursday (08/03).

BHP Billiton sells Indonesian coal assets to Adaro Reuters

Adaro, however, Indonesia’s second largest thermal coal producer, said in a statement the deal was worth $120 million and would “become effective upon the fulfilment of requirements in the

Indonesian Coal Mining Companies in Focus: Adaro

Amid rising mining commodity prices, Indonesian coal mining company Adaro Energy saw its share price surge at the start of 2018. The mining index is actually the best-performing index so far this year in Indonesia, rising 13.58 percent since the start of the year. Being a mining company or more precisely an energy company (as it recently entered the power generation sector) Adaro Energy is

Indonesian Coal Mining Companies in Focus: Adaro

The recently rallying coal price is a major boost for leading Indonesian coal miner Adaro Energy. Mirae Asset Sekuritas noted in a new report that Adaro Energy is in a great position to book higher corporate earnings in the years ahead because the miner's structure (and subsidiaries) are highly integrated and therefore it can more-or-less control the costs and risks in each business stage.

Pertamina partners with Adaro, Indika for coal

09/12/2020 For Adaro, Indika and Bukit Asam, downstreaming is also a means of diversifying its coal business as the global market slowly moves away from coal-fired power plants, the biggest market for the

Adaro Indonesia (P.T.) -- Moody's announces completion

Adaro Indonesia (P.T.)'s Ba1 corporate family rating reflects 1) its position as one of the largest single-location coal producers in the southern hemisphere with substantial reserves; 2) track

BHP Billiton sells Indonesian coal assets to Adaro Reuters

Adaro, however, Indonesia’s second largest thermal coal producer, said in a statement the deal was worth $120 million and would “become effective upon the fulfilment of requirements in the

Indonesian Coal Mining Giant in Focus: Adaro Energy

08/03/2018 Adaro Energy, Indonesia’s second-largest coal miner, targets to produce 54-56 million tons of coal in 2018, up from 51.79 million tons in the preceding year. This is only a modest production growth target because the company wants to preserve plenty of coal

Indonesian Coal Mining Giant in Focus: Adaro Energy

Despite Indonesian President Joko Widodo having signed a regulation that will lead to a relatively cheap coal price for domestically-sold coal under the domestic market obligation, shares of Indonesian coal miner Adaro Energy rose 1.39 percent to IDR 2,190 a piece on Thursday (08/03).

Indonesia coal miner Adaro eyes $500 mln S'pore IPO

03/07/2007 (For an Indonesian IPO diary, click <ID/IPOMENU>) JAKARTA, July 3 (Reuters) Indonesia’s second-largest coal producer, PT Adaro Indonesia, plans to

Indonesia's Adaro Energy to Issue Global Bonds US$750M

JAKARTA (TheInsiderStories) Indonesian coal miner, PT Adaro Energy Tbk‘ (IDX: ADRO) unit to issue a global bond worth of US$750 million, the official said last week. The bonds that will be listed on the Singapore Stock Exchange is offered with interest rate at 4.25 percent and have maturity in 2024. According to the spokesman, Mahardika Putranto, the unit PT Adaro Indonesia, the bond get

Coal Mining Indonesia: Adaro Energy's Need to

As the coal mining industry will not rebound anytime soon, Adaro Energy, the second-largest producer of thermal coal in Indonesia, has to find another strategy to make a profitable business. Income coal sales has weakened but the company's mining services and logistics segments have been growing. Meanwhile, the company has been expanding to the downstream power generation industry.

Indonesian Companies in Focus: Coal Miner Adaro Energy

Adaro Energy, one of Indonesia's leading coal mining companies, is still plagued by the globe's weak coal prices. However, the company's estimated lower cash costs should give a positive boost to the miner's corporate earnings this year. According to Danareksa Sekuritas' estimates the cost of mining for Adaro Energy (outside royalty payments) will range between USD $26 $28 per ton in 2016

Coal Mining in Indonesia Indonesian Coal Industry

The Indonesian coal industry is rather fragmented with only a few big producers and many small players that own coal mines and coal mine concessions (mainly in Sumatra and Kalimantan). Since the early 1990s, when the coal mining sector was reopened for foreign investment, Indonesia witnessed a robust increase in coal production, coal exports and domestic sales of coal.