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View all search resultsAdaro
Business 5 years ago
We’re all in this together: Companies join hands to mitigate COVID-19 pandemic
PT Adaro Energy Tbk (ADRO), PT Indofood Sukses Makmur Tbk (INDF) and PT Puradelta Lestari Tbk (DMAS) are among the publicly-listed companies who have donated funds to help cope with the Covid-19 pandemic
Business 6 years ago
PREMIUM
Miners look to S. Korea, China amid low investment
Indonesia’s second-largest coal producer, PT Adaro Energy, has started looking to China and South Korea for potential funding sources as countries in Europe have shifted away from investing in coal-related businesses such as power plants and mining due to climate concerns.
Business 6 years ago
PREMIUM
World Bank reportedly financing Indonesian coal mining companies despite ban
The World Bank's private-sector arm, the International Finance Corporation (IFC), has been quietly funding some of Indonesia’s most destructive coal mining companies despite its 2013 virtual ban on coal financing, a report says.
Business 7 years ago
Adaro maintains coal production target for 2019
Publicly listed coal miner PT Adaro Energy on Monday released its operation guidance for 2019, which maintained the production target at between 54 million and 56 million tons of coal after it produced 54.04 million tons last year.
Business 7 years ago
Adaro, EMR acquire Rio Tinto’s Kestrel mine
PT Adaro Energy, Indonesia's largest coal miner by market capitalization, has entered a binding agreement with Melbourne-based private equity firm EMR Capital to acquire Rio Tinto’s 80 percent stake in its remaining coal mine in Australia at an estimated transaction value of US$2.25 billion.
